Overview
- Nvidia’s weight in the S&P 500 has reached about 8.5%, which S&P’s Howard Silverblatt says is likely a record for any single component.
- Loop Capital lifted its price target to $350, implying a valuation above $8.5 trillion, while Rosenblatt raised its target to $240 and cited more than $500 billion in Blackwell orders through 2026.
- Analysts point to a new ramp of Blackwell GPUs that could roughly double unit shipments over the next 12–15 months alongside higher average selling prices.
- Heavy AI capital spending by Microsoft, Meta, Amazon and others underpins projections for Nvidia’s revenue to approach $285 billion next fiscal year, up from about $11 billion in 2020.
- Nvidia recently announced partnerships with Nokia, Samsung and Hyundai as debate over bubble risk persists, with Jensen Huang and Fed Chair Jerome Powell downplaying dot‑com era comparisons.