Nvidia Will Be Insulated From Any Slowdown by AI Spending, Says Analyst

Nvidia


should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, say analysts at Oppenheimer, who lifted their price target for the semiconductor company.

The heightened interest around artificial-intelligence should set investors’ minds at ease ahead of


Nvidia


‘s earnings next week, say the analysts, with the semiconductor maker’s commentary on data-center spending in focus.