Nvidia Positioned for Growth in AI and Accelerated Computing with Strong European Investments and Strategic Collaborations

Analyst Harlan Sur of J.P. Morgan reiterated a Buy rating on Nvidia (NVDA – Research Report), retaining the price target of $170.00.

Harlan Sur has given his Buy rating due to a combination of factors that highlight Nvidia’s strong position in the AI and accelerated computing markets. The company is poised to benefit from significant AI infrastructure investments in Europe, with expectations of a $1.5 trillion build-out over the next several years. Nvidia’s comprehensive portfolio, which includes silicon, software, managed cloud services, and hardware systems, positions it as a one-stop solution provider, making it a key player in the AI industrial revolution.
Moreover, Nvidia’s strategic collaborations with European stakeholders, including telecommunications companies and cloud providers, are expected to accelerate the region’s AI computing capacity by tenfold in the next two years. The company’s robust product lineup, including the GB200 NVL 72 and other Blackwell product lines, is progressing well, providing strong demand visibility into 2026. Despite challenges in the Chinese market, Nvidia’s opportunities in edge use cases and its extensive software libraries further expand its market reach, supporting the long-term demand trends and justifying the Buy rating.

Sur covers the Technology sector, focusing on stocks such as Marvell, Nvidia, and Cadence Design. According to TipRanks, Sur has an average return of 24.3% and a 68.90% success rate on recommended stocks.

In another report released today, UBS also maintained a Buy rating on the stock with a $175.00 price target.