Citi Lifts PT on NVIDIA (NVDA) Stock

Group 1 - NVIDIA Corporation (NASDAQ:NVDA) is recognized as one of the best quantum computing stocks to buy and hold for the next five years, with a price target increase from $200 to $210 by Citi's Atif Malik [1] - The company is expected to benefit significantly from the anticipated surge in AI infrastructure spending, with a positive outlook on AI-related infrastructure investments from major tech players [1][2] - NVIDIA's competitive positioning is strengthened by the upcoming launch of the Rubin CPX GPU, projected to be available by the end of 2026, and the importance of NVIDIA CUDA-X libraries in quantum research [2] Group 2 - NVIDIA reported solid first-quarter results, despite taking a write-down on China-specific datacenter products due to new export restrictions, and showed strong demand outside of China [3] - The company is outpacing expectations and competing products, although there are concerns about potential overcapacity in the AI datacenter build [3] - While NVIDIA is acknowledged as a strong investment, some analysts suggest that other AI stocks may offer greater upside potential with less downside risk [3]