After Nvidia CEO Huang Renxun finished his keynote speech at the GTC conference in Berlin, Goldman Sachs reaffirmed the purchase rating, with a target price of $300. Analyst James Schneider said that the conference had limited impact on stock prices in the short term, but the message conveyed in the speech further confirmed that the pace of AI implementation and deployment in the medium to long term has maintained a positive trend. On the one hand, Nvidia lays out ahead of schedule to guarantee supply chain supply, and on the other hand, launched supporting tools to help the industrial ecosystem cope with security risks associated with intelligent AI. Goldman Sachs said that for Nvidia customers, including hyperscale cloud vendors and new cloud service providers, the current data center projects have achieved impressive unit economic benefits. Nvidia helps partners shorten deployment cycles and improve operational efficiency. Goldman Sachs maintains its purchase rating and is optimistic that the company's catalytic implementation will continue to be realized: the visibility of AI data center implementation has increased, the supply and demand gap continues to close. At the same time, the company has a repurchase authorization of about 235 billion US dollars, and the return on capital is strong.

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