Prediction: Nvidia Stock Will Soar to This Price in 2026 as the AI Boom Expands From Data Centers to Robotaxis

Core Viewpoint - Nvidia shares are expected to rise as AI spending increases, particularly in data centers and autonomous vehicles, with a significant increase in stock price since January 2023 due to the adoption of AI technologies like ChatGPT [1] Group 1: Bullish Case - Nvidia stock is projected to soar 83% to $352 per share, driven by its 85% market share in the AI accelerator market and a full-stack strategy that enhances its competitive position [2][5] - The company not only designs GPUs but also develops CPUs and networking hardware, providing integrated solutions for AI infrastructure [3] - Nvidia's full-stack approach allows for optimization of data center systems, resulting in a lower total cost of ownership compared to competitors [4] Group 2: Bearish Case - The bearish outlook suggests Nvidia stock could fall 27% to $140 per share, with increasing competition from custom AI chips like Alphabet's TPUs posing a threat [7][8] - Concerns about Nvidia's margins arise from rising costs of high bandwidth memory (HBM) chips and a commitment to $26 billion in cloud capacity spending over the next six years [9] Group 3: Market Predictions - A prediction indicates Nvidia stock will increase 35% to $260 per share by December 2026, reflecting a balance between bullish and bearish extremes and a slight premium to the median target price of $250 [11] - Analysts have consistently underestimated AI capital expenditures, suggesting potential for Nvidia's earnings to exceed expectations [12] - The CEO emphasizes that autonomous machines represent the next phase of the AI boom, with Nvidia's products being integral to self-driving car companies [13]