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Nvidia (NVDA) has become the undisputed face of Wall Street’s artificial intelligence (AI) revolution — the chipmaker powering everything from ChatGPT to autonomous driving. Known for its cutting-edge GPUs and deep partnerships with tech giants, Nvidia’s silicon sits at the heart of the AI gold rush. The company’s shares have been on an unstoppable climb, hitting fresh all-time highs a couple of days ago, and crowning Nvidia as the world’s most valuable company.
Now, another spark has been added to the rally, with Nvidia just picking up another bull this week. This time, HSBC upgraded NVDA to a “Buy” rating and hiked its price target to a Street-high $320 — a call that, if realized, would push its market capitalization toward a staggering $8 trillion. The bank’s confidence rests on expanding AI demand, easing trade tensions with China, and renewed momentum in chip supply.
