15 Best Blue Chip Stocks to Buy According to Billionaires

6. NVIDIA Corporation (NASDAQ:NVDA)

Number of Billionaire Investors: 29

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.

NVIDIA Corporation (NASDAQ:NVDA) reported a record full-year revenue of $130.5 billion for fiscal 2025, up 114% from last year. Non-GAAP diluted EPS was $2.99, increasing 130% from a year ago. Fiscal Q4 2025 marked another record quarter for the company, with a revenue of $39.3 billion, up 12% sequentially and 78% year on year. These trends highlight the company’s continued profitability. It expects to continue this profitability in the future, supported by products based on its new Blackwell GPU architecture.

On April 11, Citi analyst Atif Malik cut his price target for NVIDIA Corporation (NASDAQ:NVDA) to $150 from $163 but maintained a Buy rating. The analyst expects the company to partially pass down the tariffs-led potential increase in GPU expense amid the ongoing uncertainty, supported by AI GPU price inelasticity and NVIDIA Corporation’s (NASDAQ:NVDA) technology leadership.

Columbia Threadneedle Global Technology Growth Strategy expressed bullish sentiments regarding the company in its Q4 2024 investor letter, especially because it is on schedule to satisfy the substantial demand for its new product, Blackwell, which will enter the market next year. Here is what it said about the company:

“NVIDIA Corporation (NASDAQ:NVDA) continued to outperform the market during the fourth quarter. The technology giant and top position in the fund delivered on sky-high expectations during the quarter and reported quarterly expectations that exceeded expectations. The red-hot company provided forward-looking expectations which were regarded as slightly lackluster as compared to prior quarters that smashed expectations. While the stock did churn a bit in the quarter, the AI giant remains top of mind for investors, especially as the company is on pace to satisfy the ‘staggering’ demand for its new product, Blackwell, which is poised to enter the market over the next year. The company’s position of owning all the major pieces of the evolving AI data center enables it to strengthen its competitive position and to define the technology roadmap for generations to come.”