For decades, healthcare was viewed as one of the market's untouchable giants.
IREN Limited's NVIDIA deal adds $700M ARR potential as the company ramps AI cloud capacity and targets $3.7B ARR by 2026-end.
Plus, OpenAI's employee payouts and tech's growing unemployment.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) stock just earned a fresh endorsement from Wells Fargo, which raised its price target to $315 from $265 and reiterated its Overweight rating on NVIDIA.
Nvidia stock continued climbing on Tuesday, extending its record-setting rally even as broader US equity markets declined following hotter-than-expected inflation data. Shares of the AI chipmaker rose over 2% to hit a new record high of $220.41 in early trading after closing 2% higher at a record $219.44 on Monday.
Our NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) call comes at a moment when the AI infrastructure trade is reaccelerating after a choppy first quarter.
NVIDIA is three businesses under one ticker - the world's largest AI networking company, the dominant token-economy infrastructure provider, and the emerging operating system for physical AI. NVLink Fusion converts hyperscaler custom silicon from substitute to complement, allowing NVIDIA to earn networking revenue from server racks containing zero NVIDIA GPUs. Falling per-token prices favor NVIDIA, not commodity ASICs, because its installed base gets cheaper to operate via software updates while token volume scales 150x.
While the Taiwan Ministry of Finance's April export data report showed a 28% month-over-month decline, potentially signalling the most recent semiconductor stock rally was at an end, UBS issued a note confirming it sees further upward potential for Nvidia (NASDAQ: NVDA).
Nvidia stock has hit a new high but ambitions of selling chips in China might face a setback.
Nvidia CEO Jensen Huang was not included in President Donald Trump's delegation to China this week, even as several prominent US business leaders joined the trip to meet Chinese President Xi Jinping. Huang was left off the delegation list, while executives from companies including Apple, Tesla, BlackRock and Boeing joined the visit to Beijing.
Nvidia Corporation is evolving from a chipmaker to the architect of the AI industry, strategically investing across the AI value chain. I reiterate a Strong Buy rating on NVDA, emphasizing its multi-stage strategy: expanding AI compute real estate, breaking supply chain bottlenecks, and fostering AI consumer markets. NVDA's capital-efficient investments in infrastructure, supply chain, and industry-specific AI companies extend its moat and growth runway well into the 2030s.
Nvidia Corporation remains a Buy, driven by exceptional data center growth, 75%+ gross margins, and entrenched AI platform dominance. Q4 FY26 delivered 73% YoY revenue growth, $97B free cash flow, and robust demand for Blackwell and Rubin architectures. NVDA's platform strategy, CUDA ecosystem, and R&D investments underpin its moat and enable continued sequential revenue growth into FY27.