10 High-Potential AI Stocks to Watch Right Now

5. 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 March 4th, Phillip Securities analyst Yik Ban Chong maintained their bullish stance on the stock, giving a “Buy” rating. According to the analyst, Nvidia’s buy rating stems from its robust performance in key segments and potential for future growth. In particular, the demand for Nvidia’s RTX 50 series GPUs is strong, demonstrating a potential recovery in its gaming revenue.

This is despite the company facing supply constraints in the gaming segment, a challenge that the firm believes is short-term. Blackwell shipments ramp-up has also been successful, contributing to revenue growth without hitting gross margins significantly. Moreover, the automotive segment has demonstrated explosive growth backed by autonomous vehicle chips, while increased CAPEX from hyperscalers is further expected to boost demand in the data center segment. The firm further added how previous packaging issues have been resolved, and that Nvidia is well-positioned to meet AI GPU demand, all of which contribute to an optimistic outlook.