Nvidia’s $210 Price Target and $100B OpenAI Investment Signal AI Dominance
Nvidia's stock received a 15.5% price target boost to $210 following its Rubin CPX GPU reveal, with analysts maintaining a bullish outlook. The next-generation chip, designed for real-time AI video generation, solidifies Nvidia's grip on AI infrastructure ahead of its 2026 launch.
The company's $100 billion commitment to OpenAI data centers underscores its aggressive positioning in generative AI. Citi raised sales forecasts through 2027, anticipating $54 billion in Q4 2024 revenue, as Nvidia's ecosystem expands without compromising its ARM roadmap.