If Artificial General Intelligence becomes even partially realized over the next few years, the demand for NVDA high-performance computing could soar exponentially

The chip company is waiting to sell its H20 chips in China again, which a Mizuho analyst said will help the case for its earnings per share to reach $7 next fiscal year.

Nvidia stock boom continues as AI demand and GPU dominance push NVDA toward $5T. Analysts forecast $200B in revenue this fiscal year.

Nvidia ( NVDA -0.12%) has been one of the best-performing stocks in recent years, with its price up more than 1,000% since 2023 and around 250% since 2024. However, one Wall Street analyst believes that Nvidia still has plenty of room to soar.

Nvidia Stock Rises. Watch This Figure From Microsoft, Meta, and Amazon Earnings. Nvidia stock was gaining Monday, ahead of a raft of technology-company earnings that are likely to confirm the seemingly endless appetite for its artificial-intelligence chips. Nvidia shares were up 0.9% at $175.06 in early trading. The stock fell 0.1% on Friday.

In a recent episode of the AI Investor Podcast (embedded above), host Austin Smith and technology analyst Eric Bleeker discussed the implications of the Big Beautiful Bill on the tech industry, particularly regarding artificial intelligence and domestic manufacturing.

Nvidia's CEO has sold millions of dollars worth of his company's shares this year, and he's not done selling yet.

Shell Asset Management Co., which manages pension funds for London-based Shell, bought more shares of Nvidia, Apple, and Microsoft in the second quarter. Samco, as the asset manager is known, disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission.

AMD stock has surged nearly 30% since April, and Blanke Schein’s CIO believes it’s still a top AI play despite high valuation.

Admittedly, it's hard to envision Nvidia doing it again. After all, the GPU maker now sports a market cap of over $4.2 trillion -- the highest valuation for any company ever. To turn $10,000 into $1 million, Nvidia's market cap would have to grow to a mind-blowing $420 trillion.

On Aug. 5, AMD is set to report its fiscal second-quarter earnings, which many anticipate being solid. If revenue comes in around $7.4 billion, like the company estimates, it would've grown business by 35% year over year. Not too shabby at all.

NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street. On July 25, JPMorgan reiterated the stock as “Overweight,” stating that the stock remains a top pick in AI networking.