10 AI News You Should Definitely Take a Look At

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) focuses on AI-powered solutions, providing platforms for data centers, autonomous vehicles, robotics, and cloud services.

Nvidia is expected to play a central role in Project Stargate, a $500 billion AI infrastructure initiative announced by the Trump administration, which will span the next four years. According to UBS, the project will heavily rely on Nvidia’s compute and hardware solutions, potentially extending its growth trajectory beyond 2026. Key partners in the initiative include Microsoft, ARM, Oracle, Softbank, and OpenAI, with Nvidia positioned as a critical technology provider. While addressing concerns about peak compute demand, the project highlights Nvidia’s strategic importance in AI infrastructure. UBS maintains a Buy rating on Nvidia with a $185 price target.