""We are OW as the company has long-term sustainable growth led by a large lead in GPUs for AI in DC, with further Edge opportunities (autos, robots, etc.) and a competitive moat around a large portion of the market,""
""The reality is there's one chip in the world, fueling the AI revolution, and that's Nvidia. And I think as it plays out, numbers are significantly underestimated. I think 15% to 20% at a minimum going into 2026. You put that together, I think we're looking at a $250 stock in a base case to end 2026,""
""citing industry sources, Samsung Electronics and SK Hynix are raising prices for their fifth-generation high-bandwidth memory 3E chips by nearly 20% for 2026 deliveries.""
Nvidia found strong support at $170 and traded near $190 in premarket after agreeing to pay $20 billion to acquire assets from Groq. Momentum and AI demand aim Nvidia toward $200 before year-end, supported by an upgrade highlighting sustainable growth, a large GPU lead in data-center AI, edge opportunities, and a competitive moat. Analyst projections place Nvidia near $250 by the end of 2026, citing dominant GPU positioning and underestimated growth. Micron posted strong earnings and guidance, trading higher in premarket. Fifth-generation HBM3E chip prices are rising by nearly 20% for 2026 deliveries. Micron reported EPS of $4.78 (beat by $0.82) and revenue of $13.64 billion (beat by $760 million), and forecasted EPS of $8.22–$8.62 with revenue of $18.3–$19.1 billion for the second quarter.
Read at 24/7 Wall St.
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