Merrill Lynch Sees Multibillion Dollar Opportunity for NVIDIA Corp. (NASDAQ:NVDA) in Deep …

NVIDIA Corporation (NASDAQ:NVDA)’s head of accelerated computing was hosted by Merrill Lynch, Bank of America held research firm, for a meeting session during lunch hours. The meeting involved a question and answers session and a brief presentation by NVIDIA’s management, providing a look ahead regarding the company’s plans. Following the meeting, the analyst Vivek Arya reaffirmed his bull thesis on NVIDIA and believed that the stock could grow into one of the largest enterprises in AI industry. According to the analysts model, NVIDIA’s investments in Machine Learning and Artificial Intelligence will prove to be very beneficial in the long term. Mr. Arya sees the total addressable market in the Machine Learning industry expanding to $5 to $10 billion by the year 2020. Furthermore, the head of accelerated computing on NVIDIA…


Link to Full Article: Merrill Lynch Sees Multibillion Dollar Opportunity for NVIDIA Corp. (NASDAQ:NVDA) in Deep …