Agentic AI: The Revolution of Artificial Intelligence at Nvidia

Nvidia remains a focal point for investors after CEO Jensen Huang and CFO Colette Kress presented the company's strategies at CES. Analyst Hans Mosesmann from Rosenblatt maintains his buy recommendation for Nvidia and sets the price target at 220 US dollars. A central theme in Mosesmann's remarks was the rapid development of Agentic AI, which distinguishes itself from traditional generative AI. This advanced form of AI can handle complex multitasks and requires vast amounts of data. This technology is expected to not only enhance operational efficiency but also fundamentally change how data is utilized. The continuous iteration of three AI subsystems plays a crucial role: large-scale training, digital fine-tuning through the Omniverse, and AI deployment performance. The path to the future of AI is paved with the necessity for extensive investments in systems, software, and resources. Jensen Huang noted that not many AI chip startups are successful in the current market environment. Jensen Huang forecasts that the next AI wave will realize co-pilots, assistants, and complete AI factories that support production facilities in the automotive industry. For one million vehicles, a need for at least one billion US dollars in data center support is expected, opening up new investment opportunities. Harlan Sur from JP Morgan joins with an overweight rating and a price target of 170 US dollars. He particularly sees growth potential in the data center segment, while PC gaming could sustain revenues despite a declining PC OEM segment. The automotive and corporate sectors also show strength and offer further growth potential.