Banking giant sets Nvidia stock's path to $200

Group 1 - Barclays has raised its price target for Nvidia to $200, indicating a potential 38% upside from the current price of $144.50, driven by increasing demand for AI products [1][4] - The price target upgrade reflects a projected $2 billion revenue boost in July, attributed to rising demand for Agentic AI and increased Blackwell chip production [4][8] - Barclays has revised its estimate for Nvidia's compute revenue from $35.6 billion to $37 billion, with Blackwell production expected to grow by 30% quarter-over-quarter [5][6] Group 2 - System sales are becoming a significant revenue stream, potentially accounting for 25% of Nvidia's July revenue and up to 50% by October [7] - Barclays remains optimistic about Nvidia's performance in Q3 and Q4, supported by expanding AI adoption and full-scale production of Blackwell Ultra chips [8]