Nvidia's stock can soar 35% more, Barclays says. Why AI spending estimates now seem less ‘outlandish.

Core Viewpoint - The recent surge in AI data-center announcements has led Barclays analysts to adopt a more optimistic outlook on Nvidia and other AI chip companies, anticipating the AI infrastructure market to exceed $2 trillion [1] Group 1 - Barclays analysts are feeling more positive about Nvidia and other AI chip names due to the wave of AI data-center announcements [1] - The AI infrastructure market is projected to reach $2 trillion and beyond [1]