Wall Street Bullish on Nvidia (NVDA), Is It a Good Stock to Buy?

NVIDIA Corporation (NASDAQ:NVDA) is one of the Good Stocks to Invest in Now. Wall Street remains bullish on NVIDIA Corporation (NASDAQ:NVDA) despite around 3% decline over the past few days. The decline stems from investor caution regarding the technology sector’s ability to make a profit from the AI capital expenditure. Analysts see more than 44% upside over the next 12 months.

​Recently, on June 9, Nebius, the AI cloud company, announced a six-month program called the Physical AI Living Lab, which is designed to give European and British startups access to Nvidia’s physical AI tools. With this program, participants will have hands-on access to a full suite of NVIDIA technologies, including NVIDIA Cosmos world foundation models, Isaac Sim and Isaac Lab for robot simulation and training, and NVIDIA OSMO for workload orchestration.

​The press release noted that all these technologies run on Nebius’s UK-based infrastructure, powered by NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs. Moreover, engineers from both companies will provide direct technical guidance throughout.

NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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