Goldman Sachs Tech Stocks: 10 Stocks to Buy

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of hedge fund owners – 193

Tech giant NVIDIA Corporation (NASDAQ:NVDA) specializes in the design and manufacture of graphics processing units (GPUs), central processing units (CPUs), and system-on-a-chip units (SoCs). These products serve diverse markets, including gaming, professional visualization, data centers, and automotive industries.

In March 2025, at its GPU Technology Conference (GTC), NVIDIA Corporation (NASDAQ:NVDA) unveiled several groundbreaking advancements. The company introduced the Blackwell Ultra AI chips, offering enhanced performance and memory, with availability expected in the latter half of 2025. NVIDIA announced the Vera Rubin AI chip, slated for release in late 2026, followed by Rubin Ultra in 2027.

Adding to NVIDIA’s AI expansion, CoreWeave, an AI cloud services provider backed by NVIDIA, has filed for an IPO which is expected to raise $4 billion. This move further solidifies the company’s influence in the AI-driven cloud computing sector. Despite recent setbacks, NVIDIA Corporation (NASDAQ:NVDA) boasts a market capitalization of $2.867 trillion, ranking as the world’s third most valuable company.

Macroeconomic uncertainty has created near-term headwinds, leading to a 12.5% decline in NVIDIA’s stock this year. Still, analysts remain bullish, with a consensus price target of $174.19 and 93% Buy ratings. Financially, NVIDIA Corporation (NASDAQ:NVDA) continues to outperform, with trailing twelve-month (TTM) revenue reaching $130.5 billion and EBITDA at $83.32 billion. The company’s five-year return stands at a staggering 2,115.39%, underscoring its long-term growth potential.