Overnight,$NVIDIA (NVDA.US)$The closing price reached a record high in the background of the media talking about the “CUDA Challengers League” — the UXL Foundation.

*Many technology companies, including Qualcomm, Google, and Intel, have formed an alliance called UXL to try to weaken Nvidia's monopoly in the field of AI chips by tracking AI chip giant Nvidia's secret weapon — the CUDA platform that bundles developers with Nvidia's chips.

Nvidia closed at $950.02 overnight, and its market capitalization has climbed to $2.375 trillion. The total market capitalization ranks third in the world, and the distance between Nvidia and Apple, which ranks second in market capitalization, is getting smaller and smaller. Notably, the company's stock price has been rising for 11 consecutive weeks, setting a new record of continuous gains.

The Nvidia GTC conference showcased amazing gold suction power! Wall Street is raising target prices one after another

The recent rise in stock prices has also benefited from Nvidia's technical strength and future potential demonstrated at the GTC conference, once again proving its leading position in the field of technology and semiconductors.

After the release of the new generation of Blackwell-architected artificial intelligence GPU chip B200, the bullish sentiment of many investment banks on Wall Street was also detonated. Major companies are constantly raising Nvidia's target price, and emphasized that Nvidia's new products have further widened the gap with its competitors.

Analysts are generally optimistic about Nvidia's prospects, believing that the impetus for the rise in its stock price is not only due to current performance exceeding expectations and rising profit expectations, but also from the company's huge potential in the field of sovereign AI.

UBS analysts said that sovereign AI is expected to become a big customer like a major US cloud company, raising Nvidia's target price from 800 US dollars to 1,100 US dollars. They emphasized that Nvidia is “the only chip company that can create its own market.”

Goldman Sachs analysts raised Nvidia's target share price by $125 to $1,000 per share. He believes that Nvidia's unique ability to innovate on a data center scale is one of the key drivers and beneficiaries of generative artificial intelligence infrastructure construction.

Wells Fargo analysts raised Nvidia's target share price by $130 to $970 per share and reaffirmed the increase rating. It points out that

Hwang In-hoon's GTC speech emphasized the company's ability to innovate and monetize businesses.

Analysts Susquehanna raised Nvidia's target price by $200 to $1,050 per share. The bank also believes that Blackwell's announcement strengthens Nvidia's leading position in the field of artificial intelligence.

Furthermore, according to analysts at Mizuho Securities, the next major catalyst for Nvidia's stock price is the B100 listing and H200 sales.

However, investors should note that Citibank analysts pointed out that AI is still facing many challenges, especially in the face of high costs, and many enterprise customers are beginning to refocus on ROI (return on investment).

However, Nvidia benefits from the strong demand for GPUs in the market, but its high sales price has also boosted the costs of AI companies, which may lead to poor implementation of downstream applications.

Cow friends,

Can Nvidia continue to rise?

What is your target price?

Welcome to share your opinions in the comment area~

Editor/Somer