Nvidia Launches Earth-2 AI Weather Models Amid Severe Winter Storms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- AI Model Launch: Nvidia has unveiled its Earth-2 AI models capable of generating 15-day global and local weather forecasts, coinciding with severe winter storms affecting the U.S. from Texas to Massachusetts.
- Disaster Response: The storm has prompted federal disaster declarations in at least 12 states, causing widespread power outages, flight delays, and interruptions in oil and gas production, highlighting the critical need for accurate weather forecasting.
- AI Technology Advantage: Nvidia claims that AI-powered weather forecasting significantly reduces computational time and costs, enabling more nations and businesses to implement application-specific forecasting systems, thereby enhancing global meteorological service efficiency.
- Global Adoption: Multiple weather services, including the Israel Meteorological Service, Taiwan's Central Weather Administration, and the U.S. National Weather Service, are already utilizing Earth-2 models to improve their forecasting capabilities, while energy companies and financial risk management firms are also leveraging this technology.
Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 264.97 USD with a low forecast of 200.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 187.670
Low
200.00
Averages
264.97
High
352.00
Current: 187.670
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
