NVIDIA Corporation (NASDAQ:NVDA) is a Trending AI Stock on Wall Street. Deutsche Bank analyst Ross Seymore reiterated a Hold rating with a $155.00 price target ahead of Nvidia’s quarterly results on August 27. The chipmaker is expected to beat revenue guidance by $2 billion, reaching around $46 billion.

Nvidia’s license to resume China shipments could lead to an upside to the fiscal third-quarter revenue estimate of $50 billion. Uncertainty remains about the timing of the shipment ramp and whether Nvidia can recapture the $18 billion in lost annual revenue. The inclusion of China AI GPU shipments could increase estimates by 10%.

NVIDIA specializes in AI-driven solutions for data centers, self-driving cars, robotics, and cloud services. While it has investment potential, other AI stocks may offer greater upside potential with less downside risk. For an undervalued AI stock benefiting from tariffs and onshoring trends, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Deutsche Bank Reiterates Hold on NVIDIA With $155 Price Target