Citigroup: South Korea's Doosan Group will be the beneficiary of NVIDIA Blackwell chips, with the stock price expected to rise over 40% in the next year.
Jin Shi data 15 November news, Citi believes that South Korean Doosan Group will be an important beneficiary of Nvidia's next-generation AI chips, and expects its stock price to pump more than 40% in the next 12 months. The bank rates Doosan Group as 'buy / high risk' and sets its target price at 330,000 Korean won ($234). Analysts emphasize Doosan's position as the exclusive supplier of Nvidia's Copper Clad Laminate (CCL). CCL is a key component of the Blackwell graphics processing unit, which this chip giant is about to launch. Nvidia's next-generation AI chip Blackwell is sought after by companies such as OpenAI, Microsoft, and Meta, and other companies are building AI data centers to power products like ChatGPT and Copilot.
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Citigroup: South Korea's Doosan Group will be the beneficiary of NVIDIA Blackwell chips, with the stock price expected to rise over 40% in the next year.
Jin Shi data 15 November news, Citi believes that South Korean Doosan Group will be an important beneficiary of Nvidia's next-generation AI chips, and expects its stock price to pump more than 40% in the next 12 months. The bank rates Doosan Group as 'buy / high risk' and sets its target price at 330,000 Korean won ($234). Analysts emphasize Doosan's position as the exclusive supplier of Nvidia's Copper Clad Laminate (CCL). CCL is a key component of the Blackwell graphics processing unit, which this chip giant is about to launch. Nvidia's next-generation AI chip Blackwell is sought after by companies such as OpenAI, Microsoft, and Meta, and other companies are building AI data centers to power products like ChatGPT and Copilot.