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Nvidia’s CEO Tempers ‘God AI’ Hype as Bulls Tout Dominance and Others Warn on Valuation

CEO Jensen Huang cautioned that an all-powerful AI remains far off, underscoring a push for practical deployments over grand predictions.

Overview

  • Nvidia reported $51.2 billion in data center revenue on $57 billion total for fiscal Q3 2026, reinforcing its central role in AI infrastructure.
  • The company is described as controlling an overwhelming share of AI processors, with estimates near the mid‑90% range, and its CUDA platform claims over 4.5 million developers.
  • A Motley Fool survey found nine in ten AI investors plan to maintain or increase exposure in 2026, reflecting continued retail enthusiasm for the sector.
  • Sell-side support persists as Mizuho raised its Nvidia price target to $275 with an Outperform rating and J.P. Morgan reiterated a Buy, citing durable demand.
  • Market veteran Tom Sosnoff argued the stock is fully priced and flagged the risk of a 10%–15% market pullback within months, while recent model launches like DeepSeek’s have not materially dented GPU demand.