10 Best 5G Stocks to Invest in According to Analysts

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3. NVIDIA Corporation (NASDAQ:NVDA)

Analyst Upside: 18.87%

Number of Hedge Fund Holders: 212

NVIDIA Corporation (NASDAQ:NVDA) is on our list of the 10 best 5G stocks to invest in according to analysts. On June 12, UBS maintained its buy rating and $175 price target for NVIDIA Corporation (NASDAQ:NVDA), pointing to the chipmaker’s growing client base and its ability to benefit from significant future expenditures in AI infrastructure.

NVIDIA Corporation (NASDAQ:NVDA) apparently has “line of sight” to nearly $1.5 trillion in AI infrastructure investment over the next several years, according to the research firm. This is in keeping with earlier company statements regarding “tens of gigawatts” of projects within a two- to three-year period.

The firm noted that NVIDIA Corporation (NASDAQ:NVDA) expects to make $40–50 billion for every gigawatt of AI data center capacity, which could translate into datacenter revenue of about $400 billion for the company per year. This anticipated amount roughly doubles UBS’s current forecast of $233 billion for 2026, which the bank says should allay investor fears about short- or medium-term earnings peaks.

NVIDIA Corporation (NASDAQ:NVDA), a world leader in networking and graphics processing, provides GPUs for the AI, gaming, HPC, and other industries. The company’s products span data centers, gaming, professional visualization, and the automotive markets. The company’s AI-on-5G platform is a standout in the 5G sector.

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