NVIDIA (NVDA) Reiterated Overweight as Rubin Chip Stays on Track

NVIDIA Corporation (NASDAQ:NVDA) is one of the Buzzing AI Stocks on Wall Street.  On August 15, Morgan Stanley reiterated the stock as “Overweight” stating that Nvidia’s Rubin chip is on track and that investors should remain calm.

“The chips and their system design should be finalized next March, with the chip entering mass production in 2Q26, followed by server racks ramp in 3Q26. So it appears there will be no delay to the Rubin schedule, despite some investor concerns.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $192 implies a 6.4% upside; however, the Street-high target of $250 implies an upside of 38%.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, 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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