Wall Street sets Nvidia price target

Core Viewpoint - Nvidia is reportedly in discussions to invest $30 billion in OpenAI, which could enhance its position in the AI sector [1] - The company is also seeking approval from the Chinese government to sell its H200 AI chips, with the licensing process nearing completion [1] Group 1: Investment and Market Position - Nvidia is currently valued at approximately $4.65 trillion, with expectations for a 63% revenue growth [2] - Morgan Stanley has reiterated its 'Overweight' rating and a price target of $250, citing strong market checks in the AI landscape [1][2] - Bernstein maintains a 'Buy' rating with a 12-month price target of $275, reflecting confidence in Nvidia's long-term growth despite recent market volatility [3] Group 2: Demand and Growth Drivers - Nvidia is benefiting from the ongoing expansion of AI, with increasing investments from hyperscalers, enterprises, and sovereign customers in AI infrastructure [4] - Bernstein views any near-term valuation sensitivity as an attractive entry opportunity, emphasizing Nvidia's unmatched scale and execution track record [4] - The consensus among analysts shows a total of 41 'Buy' ratings for Nvidia over the past 90 days, indicating strong market confidence [5] Group 3: Price Forecasts - The average Wall Street price target for Nvidia shares over the next 12 months is around $264, suggesting nearly a 40% upside from the current price [7] - Morgan Stanley's price target is slightly below the average, while Bernstein's is slightly above, indicating a range of positive outlooks among analysts [7]