Mag7 and Beyond: Top 10 AI News Updates and Ratings

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. On March 31, Cantor Fitzgerald reiterated Nvidia, Broadcom, Marvell, Micron, and ASML as “Overweight”, stating that it is sticking with its overweight ratings on a slew of semis stocks.

“Our Top Picks remain NVDA (sustained AI spend + product cycle), AVGO (custom silicon ramp + networking), MRVL (custom silicon ramp + networking), MU (HBMrelated upside), ASML.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $175 implies a 72% upside, however, the Street-high target of $235 implies an upside of 132%.