NVIDIA Corporation (NVDA) Announces Strategic Partnership With Microsoft and Anthropic

​NVIDIA Corporation (NASDAQ:NVDA) is one of the Most Profitable Stocks to Buy Now. On November 18, NVIDIA Corporation (NASDAQ:NVDA) announced a new strategic partnership with Microsoft and Anthropic, aimed at enhancing its AI model Claude.

​Under this partnership, Anthropic will scale its AI model Claude on the Azure cloud, which is powered by NVIDIA’s technology. Moreover, Anthropic has also committed to purchasing Azure compute capacity worth $30 billion, along with an additional compute up to 1 gigawatt. Anthropic will initially use NVIDIA’s Grace Blackwell and Vera Rubin systems.

​In addition, NVIDIA Corporation (NASDAQ:NVDA) and Anthropic are also entering a deep technology partnership with this announcement to collaborate on model and hardware design and engineering. Lastly, this collaboration will also see NVIDIA and Microsoft investing up to $10 billion and $5 billion, respectively, in Anthropic to support its growth.

​A day earlier, on November 17, Harlan Sur from J.P. Morgan reiterated a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) with a $215 price target. On the same day, analyst Ruben Roy from Stifel Nicolaus raised the price target on the stock from $212 to $250 and maintained a Buy rating.

​The analyst anticipates NVIDIA Corporation (NASDAQ:NVDA) to beat expectations for fiscal Q3 2025, along with providing an optimistic Q4 guidance. Roy anticipates the company beating sales and margins expectations, driven by the accelerated ramp of its Blackwell platform. The company is set to release its Q3 2025 results on November 19 (post-market).

NVIDIA Corporation (NASDAQ:NVDA) is a full-stack computing infrastructure company that focuses on accelerated computing to solve complex computational problems. The company offers AI data center platforms, GPUs, networking, and autonomous vehicle solutions.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.