In the first half of December, NVIDIA plans to have company representatives participate in three events at once, including meetings with investors. Perhaps they will announce NVIDIA management's own forecasts for the next year, but for now we have to be content with the estimates of third-party experts. Representatives of Morgan Stanley, for example, recently forecast for NVIDIA shares from $217 to $259, citing the company's apparent ability to grow revenue even in difficult economic conditions. The bet is placed on two areas of growth: components for data centers and gaming products.
The authors of the research note expect that in 2020, NVIDIA will increase revenue in the gaming segment by 18% compared to the current year, which Morgan Stanley experts call βthe period of investment in the future.β NVIDIA's revenue growth potential in the gaming segment in 2021 is also measured in double-digit percentages, according to the authors of the forecast. The bet is on the growing enthusiasm among gaming enthusiasts due to the spread of ray tracing technology.
In the data center segment, NVIDIA can double its revenue over the next three years, according to Morgan Stanley analysts. In the field of learning systems, NVIDIA has almost no competitors; its position is very strong even in the nascent segments of the server market. True, the authors of the forecast do not pay attention to Intelβs readiness to encroach on part of NVIDIAβs market positions with the release of its own computing accelerators based on discrete graphics processors in 2021. The trading session after such statements by representatives of Morgan Stanley was marked by an increase in the price of NVIDIA shares by 4,89% to $221 per share.
Source: 3dnews.ru