Nvidia refines its AI chip roadmap, shares firmly in the NASDAQ-100 spotlight

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 11:26.

Nvidia (US67066G1040) sits at the center of Wall Street’s artificial-intelligence trade as one of the largest members of the NASDAQ-100 and S&P 500. Analyst consensus for the chip designer remains elevated, with expectations for strong revenue and earnings growth over the coming fiscal years according to recent data from MarketScreener.

What analysts are pricing in

On MarketScreener, the average analyst rating for Nvidia is in the Buy range, with a majority of covering houses recommending accumulation of the stock and only a small minority on Hold or Sell. The same overview shows a wide dispersion of price targets, reflecting differing views on the sustainability of AI-driven data-center demand.

Several U.S. brokers, including Raymond James, have recently highlighted that despite robust fundamentals, investor apprehension around large-cap technology valuations persists, especially for names like Nvidia that have rallied sharply in recent years. A recent technology sector roundup cited profit-taking and higher bond yields as headwinds for Big Tech, even as longer-term AI narratives remain intact.

Growth expectations and earnings path

Consensus compiled by MarketScreener points to continued double-digit revenue growth for Nvidia over its current and next fiscal years, driven primarily by data-center GPUs used for AI and high-performance computing workloads. Analysts also anticipate high operating margins compared with the broader semiconductor sector, reflecting Nvidia’s pricing power in advanced accelerators.

These expectations are set against a competitive backdrop that includes Advanced Micro Devices and Intel in AI accelerators, as well as custom silicon efforts by large cloud providers such as Alphabet and Amazon, which are frequently mentioned alongside Nvidia in technology market commentaries. Sector reports also point to growing capital expenditure plans by hyperscale cloud operators, a key driver of demand for Nvidia’s latest GPU generations.

How Nvidia earns its money

Nvidia’s core business is the design of graphics processing units and related platforms for gaming, data centers and professional visualization, with manufacturing outsourced to foundries such as Taiwan Semiconductor Manufacturing Company. In recent years, the data-center segment driven by AI and machine-learning workloads has become the company’s largest revenue contributor, surpassing gaming in many quarterly reports.

Where the stock trades today

The Nvidia shares (US67066G1040) most actively trade on the NASDAQ in New York under the ticker NVDA, recently quoted around 208.65 US dollars in U.S. trading according to MarketScreener data as of 2026-06-23, 01:30 IST.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or any other form of financial guidance. Data and estimates are subject to change without notice.