​NVIDIA Corporation (NVDA) Launches a New Family of Open Source AI Models

​NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Stocks to Buy and Hold for 2026. On December 15, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) has launched a new family of open source AI models, which are smarter, faster, and cheaper than all its previous models. This comes as the Chinese companies have proliferated the market with open source models.

​The new family of AI models is called Nemotron, which specializes in writing, coding, and other tasks. Management noted that they have released Nemotron 3 Nano, which is the smallest of the three models, with the other two larger versions expected to be released in the first half of 2026. Although NVIDIA Corporation (NASDAQ:NVDA) is known for making and providing chips to other companies that make AI models. However, with China’s DeepSeek, Moonshot AI, and Alibaba Group Holdings open-source models taking over the market, the company has started to release its open-source models too.

Moreover, the report also noted that Meta platforms is said to be shifting towards closed source models, which will leave NVIDIA Corporation (NASDAQ:NVDA) as one of the biggest players in the said offerings.

That said, Wall Street remains bullish on the tech giant. Recently, on December 17, Joseph Moore from Morgan Stanley reiterated a Buy rating on the stock with a $250 price target. Earlier, on December 15, Stacy Rasgon from Bernstein also reiterated a Buy rating on the stock with a $275 price target.

​NVIDIA Corporation (NASDAQ:NVDA) designs and sells specialized processors, initially for gaming but now also crucial for AI, data centers, professional visualization, and the automotive industry. It developed the graphics processing unit (GPU) and the CUDA parallel computing platform, which allows its GPUs to perform tasks beyond graphics.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.