Nvidia Signals $500B AI Chip Boom — Analysts See Big Upside Ahead

NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Analysts are Tracking Closely. On October 28, Wolfe Research reiterated its “Outperform” rating on the stock with a $230 price target. The firm cited significant growth visibility and material EPS upside potential behind the rating affirmation. In particular, it talked about how Nvidia has revealed more than $500 billion in demand for its next-generation Blackwell and Rubin chips. This demand is much higher than what the Street anticipates. “NVDA h ...