Nvidia (NVDA) remains a leader in artificial intelligence across hardware and software and is expanding its influence beyond cloud services to enterprise and consumer markets, BofA Securities said in a note Tuesday.
The company’s Blackwell accelerators are now in full production and support over 200 configurations across major service providers positioning it to meet growing AI demands, according to the note.
BofA said the new Cosmos platform has streamlined faster development of physical AI targeting industries like autonomous vehicles and robotics.
“Nvidia’s Llama Nemotron and Cosmos Nemotron now offer tools for AI agents capable of language and video/image perception abilities, applied to various real-life applications,” the firm said.
BofA has a buy rating on Nvidia’s stock with a price objective of $190.