5 AI Stocks Making Headlines on Wall Street: Qualcomm, Microsoft, and More

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 275

Nvidia’s Computex 2026 has enabled it to deepen its AI growth story, but Deutsche Bank still maintains a cautious yet constructive view. On June 2^nd, the investment firm reiterated a Hold rating on the stock with a $255 price target.

“Over the last two evenings, NVDA’s Jensen Huang hosted a keynote presentation and a follow-up analyst Q&A at Computex 2026. Similar to the company’s recent earnings call, this week’s events focused on NVDA’s holistic approach to AI, with the newest strategic target area being CPUs to further the company’s leadership in GPUs.”

Deutsche Bank noted how at Computex, Huang provided an update on the Vera Rubin ramp (7 chips, the successor to the co’s Grace Blackwell platform). Huang noted how the Vera Rubin is now in full production, and that its supply chain is nearly twice the size of the Grace Blackwell ramp based on “outsized” AI demand.

Another key part of Huang’s discussion was the Vera CPU, positioned for the age of agentic AI. Firm analysts also discussed the launch of the RTX Spark superchip in collaboration with Microsoft for their new line of Windows AI PCs.

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