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Bernstein Maintains Buy Rating on Nvidia as ‘Jensanity’ Hits Taiwan

On Monday, NVIDIA Corporation’s (NASDAQ:NVDA) CEO Jensen Huang announced a significant shift in the company’s data center strategy at the 2025 Computex Technology Exhibition. Huang was met with widespread enthusiasm in Taiwan surrounding his visit, a sight often described as “Jensanity.” Bernstein analyst Stacy Rasgon maintained a positive view on the announcements made by Huang, reiterating his Buy rating and $185 price target for NVIDIA (NASDAQ:NVDA) stock.

A close-up of a colorful high-end graphics card being plugged in to a gaming computer.

Stacy Rasgon highlighted the company’s NVLink Fusion announcement as particularly beneficial. However, the absence of major players like Intel, AMD, and Broadcom suggests that NVIDIA Corporation (NASDAQ:NVDA) might be looking to boost second-tier ASIC players. Rasgon also said that although NVIDIA is letting others use its tech, it might be a move to capture some business from hyperscalers who would develop their own ASICs regardless. He pointed out that initial partners like Marvell and MediaTek are second-tier players seeking to gain market share, and enabling them could benefit NVIDIA.

The analyst also addressed the removal of diffusion rules and considered it a near-term positive, as it eliminates a potential headwind for NVIDIA’s earnings report on May 28. While there are discussion about replacing these rules with individually negotiated bilateral agreements, particularly following announcements in the Middle East last week, the immediate removal alleviates concerns about constraints on NVIDIA’s sales to most of the world. Rasgon also anticipates continued innovation and expansion into new markets beyond its core offerings, which include a push into networking and potentially PCs, referencing the DGX Spark workstation.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest 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.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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