Nvidia Corporation (NASDAQ: NVDA) is considered one of the best stocks for the next decade, with a consensus Buy rating and an average price target indicating a 31.21% upside. Analysts like Bernstein have a $275 price target, citing cloud provider spending and upcoming Rubin architecture as positive factors.
Nvidia plans to export its H200 AI chips to Chinese customers following a US policy shift allowing the sale of high-performance chips to approved Chinese customers. This marks a significant change in policy and opens up new opportunities for Nvidia in the region.
Truist reaffirmed a Buy rating for Nvidia with a price target increase to $275 from $255, showing confidence in the semiconductor and AI markets. Nvidia operates as a computing infrastructure company providing graphics and compute & networking solutions globally.
While Nvidia is recognized as a solid investment, some believe other AI stocks may offer greater upside potential with lower risk. For those interested in undervalued AI stocks with potential benefits from tariffs and onshoring trends, further research is recommended.
Read more at Yahoo Finance: Is Nvidia (NVDA) One of the Best Stocks for the Next Decade?
