15 AI News You Missed This Week

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1. NVIDIA Corporation (NASDAQ:NVDA

Market Capitalization: $3.6 Trillion 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 11, Mizuho raised the price target on the stock to $165 from $140 and kept an Outperform rating on the shares ahead of the quarterly report on November 20. The advisory expects in-line January quarter guidance, setting up for a strong 2025 with GB200 and GB300 ramping. The advisory believes Nvidia is dominating the artificial intelligence accelerator market. The stock also remains a Mizuho Top Pick.

While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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