Mizuho Analyst Affirms Nvidia’s Dominance Amid Google’s TPU Push
Vijay Rakesh, Mizuho Securities' top-ranked semiconductor analyst, reaffirms Nvidia's industry leadership despite Alphabet's aggressive tensor processing unit (TPU) sales to Meta Platforms. The five-star analyst maintains his $245 price target on NVDA stock, projecting 37.8% upside potential.
Meta's planned multi-billion dollar TPU deployment starting in 2027 marks a strategic shift from its current 95% reliance on Nvidia and AMD GPUs. Rakesh highlights Nvidia's enduring technological edge, particularly with its $500 billion Blackwell platform roadmap, as a key differentiator against custom silicon competitors.