10 AI Stocks Surging on News and Analyst Calls

2. 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 February 20, KeyBanc raised the firm’s price target on the stock to $190 from $180 and kept an “Overweight” rating on the shares. According to the firm, even though there are concerns regarding constraints associated with the ramp of GB200 NVL servers, Nvidia is still likely to report strong Q4 results.

The analyst told investors in a research note that the company is likely to report “solidly” beat estimates and guide Q1 “conservatively and moderately higher” than consensus. There are manufacturing delays that are slowing down the shipments of GB200 NVL server racks. However, this isn’t a problem since customers are delaying their orders for GB200. This gap is being filled with HGX-based B200 servers with x86 head nodes, DeepSeek, as well as a limited supply of Huawei’s Ascend.

“However, we still view AI as a significant market opportunity for NVDA.”