10 Best Blue Chip Stocks to Buy for 2026

2. NVIDIA Corporation (NASDAQ:NVDA)

Upside Potential: 43.47%

Number of Hedge Fund Holders: 234

NVIDIA Corporation (NASDAQ:NVDA) is one of the best blue-chip stocks to buy for 2026. On January 6, Piper Sandler reiterated an Overweight rating and a $225 price target for NVIDIA Corporation (NASDAQ:NVDA). The positive stance follows the company’s CES presentation, which underscored its technological positioning.

Reuters reported on January 6 that the company’s next-generation chips are in full production, as the Chief Executive Officer reiterated that they can deliver 5 times the artificial intelligence computing power of previous chips.

The company’s Vera Rubin AI platform, tailored for data centers, has already entered production, with the first devices slated for release in the second half of 2026. The platform is poised to offer a new revenue stream. In addition, the company is also ramping up production of Blackwell and hopper generation chips, expected to strengthen the impressive 65.22% revenue growth.

Likewise, on January 6, the company entered into a strategic partnership with Siemens to develop artificial intelligence solutions for industrial applications. The two plan to develop an AI-accelerated portfolio that spans design, simulation, manufacturing, and supply chains. Part of the plan also entails creating an Industrial AI operating system that redefines how physical systems are designed and operated.

NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures Graphics Processing Units (GPUs) and other chips, evolving from a gaming hardware leader into the backbone of modern Artificial Intelligence (AI) infrastructure, powering data centers, self-driving cars, scientific research, and professional visualization through its accelerated computing platforms and software such as CUDA.