10 AI Stocks That Will Skyrocket

2. NVIDIA Corporation (NASDAQ:NVDA)

Upside Potential: 74.26%

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is a pioneer in accelerated computing, offering a comprehensive platform that includes GPUs, software, and development tools. The tech giant’s innovations drive advancements in AI, data processing, scientific research, and 3D visualization, serving a wide range of industries. NVIDIA’s GPUs are essential for powering AI technologies, including deep learning in autonomous systems. More than 75% of the world’s leading supercomputers rely on its GPUs. In the gaming sector, NVIDIA enhances the experience for both gamers and content creators. It is also investing heavily in AI for self-driving vehicles.

On April 16, Mizuho Securities maintained its “Outperform” rating on NVIDIA (NVDA) with a $168 price target, despite new US export restrictions affecting shipments of its H20 series products to China and other embargoed countries. These restrictions may impact around $5.5 billion in revenue from an estimated $16 billion in H20 orders. However, Mizuho analysts remain optimistic about NVIDIA’s near-term prospects, driven by the shipment of the GB200 series, increased GPU testing capacity, and significant capital investment in AI for 2026. With leadership in AI, data centers, and gaming, NVIDIA is well-positioned for long-term growth in multiple large markets, including AI and robotics.