Developing story · 2 episodes · 17 Oct to 19 Oct
Nvidia's AI Chip Market Surge
The series tracks Nvidia's projected massive AI chip sales and its valuation outlook, highlighting a forecast of $430 billion in chip revenue by 2026 and a data‑center revenue of $89 billion. The latest episode shows analysts maintaining a Hold rating with a $232 price target, indicating cautious optimism despite the growth expectations.
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Nvidia receives Hold rating with $232 price target
NVDA is rated Hold by an analyst who holds a long position in the shares. The rating comes with a $232 price target, based on an 18x normalized FY2028 P/E and management guidance. The analyst notes…
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Nvidia projected to sell about $430 billion in chips in 2026 as data-center revenue hits $89 billion
Nvidia reported quarterly revenue of $96.2 billion, up 106% year over year, with data-center sales contributing $89 billion. The company's CFO pointed to roughly 70% annual revenue growth for fiscal…
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