Nvidia’s upcoming Rubin architecture promises three times the performance of Blackwell Ultra GPUs, driving stock demand. With a forward price-earnings multiple of 24x, a $300 per share target suggests a valuation exceeding $7.4T by 2026. Sales of GPUs have skyrocketed due to AI demand across industries, positioning Nvidia for robust growth.
Nvidia’s dominance in AI chips, from mid-tier to powerful GPUs, sets the stage for explosive growth. The company’s upcoming Rubin architecture offers significant performance improvements, potentially driving strong demand. Despite concerns of slowing growth, Nvidia’s position in AI remains strong, with a forward price-earnings multiple that some view as undervalued.
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Read more at Yahoo Finance: Why NVIDIA Could Hit $300 in 2026
