10 AI Stocks to Watch Now

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 27, Susquehanna analyst Christopher Rolland reiterated their bullish stance on the stock, giving a “Buy” rating. The rating follows optimism regarding the company’s robust earnings print and strategic initiatives. Rolland noted how Blackwell’s sales have reached $11 billion, exceeding expectations, and dismissing concerns regarding a slower transition to new platforms.

In addition, the increased demand for inferencing and training models has led Nvidia’s data center segment to outperform estimates by an estimated $2 billion, the analyst noted. Nvidia’s management has also confirmed that Blackwell production is in full swing, with product ramps anticipated in the quarters ahead. The gaming segment is also likely to experience strong growth once supply constraints ease. Rolland also discussed Nvidia’s excellent progress in the automotive division, marking record revenues, as well as how advancements in physical AI with the Cosmos platform are gaining traction. Although operating expenses and gross margin guidance show some concerns, management has assured improvement by the end of the year.