NVIDIA's AI Leadership and Potential CPU Launch Drive Optimism

NVIDIA (NASDAQ:NVDA) received a price target upgrade from Truist Securities, with analysts raising the target to $204 from $169 while reaffirming a Buy rating on the stock. The revision reflected growing confidence in NVIDIA's dominance in artificial intelligence and the potential expansion of its product lineup.

Over the past two years, NVIDIA has emerged as a standout performer, driven by surging AI demand. Looking ahead to 2025, the company was expected to maintain its momentum due to two key factors. First, industry feedback consistently highlighted the unmatched strength of NVIDIA’s comprehensive technology ecosystem. This included not only its hardware—chips, servers, and server racks—but also its advanced software capabilities and pre-trained AI models.

Second, anticipation grew around NVIDIA potentially unveiling a client-side CPU in 2025. Such a move would open up an estimated $35 billion total addressable market, further diversifying the company’s revenue streams and solidifying its leadership position in cutting-edge technology.