Bank of America Expects NVIDIA AI PC Entry Announcement at CES

Bank of America (BofA) analyst Vivek Arya anticipates NVIDIA will officially announce its entry into the AI PC market at the upcoming CES, further solidifying its position as a leader in high-growth markets. Arya believes CES will be a significant catalyst for NVIDIA, even with previously reported news. He expects NVIDIA to showcase: Updates on its robotics strategy and the Jetson Thor platform. Launch of RTX 50xx series GPUs with enhanced "neural rendering" and GDDR7 memory. Updates on its data center/AI GPU lineup (Blackwell, Rubin), with more memory for accurate AI inference. Official entry into the AI PC market, potentially via partnership or a standalone PC CPU. This last point is echoed by Truist Securities analyst Will Stein, who believes NVIDIA will announce a client-side CPU in 2025. In light of these expectations, Arya has reiterated a 'Buy' rating on NVIDIA shares with a $190 price target, representing a ~40% upside from its current trading price of around $135. D…