Goldman Sachs Picks Nvidia Over Intel, Cites Superior Revenue Visibility
NVDA•Goldman Sachs ranked Nvidia as a Buy-rated peer with superior revenue visibility compared to Intel, selecting it alongside Broadcom and AMD. Intel’s shares have surged 237.4% year-to-date, leading Goldman to view much of its upside as priced in and boosting Nvidia’s relative appeal.
1. Goldman’s Top Semiconductor Recommendations
Goldman Sachs initiated coverage of Intel with a Neutral rating but named Nvidia, Broadcom and AMD as its Buy-rated semiconductor picks, citing stronger medium-term revenue visibility and product roadmaps.
2. Nvidia's Revenue Visibility and Risk-Reward Profile
Nvidia was highlighted for its transparent revenue pipeline driven by AI data center demand and its advanced GPU roadmap, which Goldman views as offering a more compelling upside compared to Intel’s largely priced-in optimism.
3. Valuation and Price Target Insights
Analysts’ 12-month average price target for Intel at $96.07 implies a 28% downside, underlining the relative value appeal for Nvidia, which continues trading on robust earnings momentum and strong demand trends.
