Overview
- Nvidia now makes up about 8.5% of the S&P 500, exceeding the combined weight of roughly 240 of the smallest constituents, according to S&P’s Howard Silverblatt.
- The company announced new partnerships with Nokia, Samsung and Hyundai as major customers like Microsoft, Meta and Amazon reiterate heavy AI infrastructure spending.
- Loop Capital raised its price target to $350, implying a valuation above $8.5 trillion, while Rosenblatt moved to $240 and referenced its own claim of $500 billion-plus in Blackwell orders through 2026.
- Market reporting projects revenue approaching $285 billion next fiscal year, with data-center and AI now generating over half of sales and gaming about 30%.
- Analysts and commentators highlight valuation concerns and possible margin pressure, including higher fabrication costs from TSMC’s Arizona facilities, even as the stock continues to rise.