Much the same could happen to BlackBerry if investors stop perceiving it as a handset maker and start focusing on its strength as a provider of secure software, wrote Citron. The stock surge started when “Wall Street stopped valuing NVDA as a graphic chip company and instead looked at its future in autonomous driving.” The company is expected to officially launch the GA of Omniverse Enterprise next week at GTC 2021.Citron also drew a parallel between BlackBerry and chipmaker Nvidia Corp., whose stock price has ballooned from less than US $50 a year ago to nearly $145. Nivida's pricier valuation is justifiable, given an expanding platform story, which includes an expectation of increasingly visible recurring subscription software revenue contributions, Rakers said. Nvidia could also benefit materially from the significant compute needed to power the Metaverse, with AI-assisted design and parallel computing at the forefront. Long term, Wells Fargo thinks the market opportunity could be even greater as digital assets and digital twins become significant economic drivers. The company views Omniverse as a key pillar of future growth for both its AI and HPC strategies. Metaverse could present Nvidia with a $10 billion incremental market opportunity over the next five years, the analyst said.
Related Link: Why Nvidia Could Be Helped By Meta Platforms Building The Metaverse "NVIDIA Omniverse Enterprise represents a significant platform expansion strategy for NVIDIA, which also entails a deepening recurring software story," Rakers said. Omniverse Enterprise subscription starts at $9,000 per year for a workgroup of two creators, 10 reviewers, and 4 Nucleus subscriptions.
0 kommentar(er)
