JPMorgan Reaffirms NVIDIA (NVDA) as a Top AI Networking Play

NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street.  On July 25, JPMorgan reiterated the stock as “Overweight,” stating that the stock remains a top pick in AI networking.

“Overall, we believe Broadcom, NVIDIA, Astera Labs, and Marvell are all expected to benefit from the incremental SAM [segment anything model] opportunity in scale-up networking. The strong growth in the scale-up network should represent a strong revenue tailwind over the coming years.”

A business person pointing to a graph displaying a company's projected EBITDA growth.

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $185 implies a 6.63% upside, however, the Street-high target of $250 implies an upside of 44%.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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