NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks on the Market's Radar. On January 6, Evercore ISI analyst Mark Lipacis reiterated an Outperform rating on the stock with a $352.00 price target. The firm is strongly bullish on the AI chipmaker, viewing the stock as Top 2026 Pick. “We reiterate our Outperform rating and $352 Price Target, and view NVDA as a top pick within our coverage universe for 2026 following CEO Jensen Huang’s keynote presentation and Financial Analyst Q&A session (hosted by CE ...

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) has signed a letter of intent to potentially invest $500 million in Wayve, a UK-based autonomous driving technology company [1] - Wayve utilizes machine learning and camera sensors for autonomous driving, differing from traditional systems that rely on detailed maps and coding [1] - NVIDIA's chips power Wayve's platforms, supporting its AI-driven approach [1] Company Overview - Wayve was founded in 2017 and raised over $1 billion last year, with backing from SoftBank [2] - In addition to NVIDIA, Uber also invested in Wayve in 2024 [2] - Wayve is currently testing its technology in Britain and the US, with plans to expand into Germany and Japan [2] NVIDIA's Business Focus - NVIDIA develops advanced computing infrastructure focused on accelerated computing, providing AI solutions, data center platforms, and automotive technologies for autonomous vehicles [2]