The stock has had a phenomenal run over the last few years, but Arya's price target of $190 implies 35% upside for the shares over the next year or so. Let's see if that estimate is reasonable based on Nvidia's growth and valuation.

Advanced Micro Devices shares extended their recent run of declines Wednesday after a top Wall Street analyst cautioned that the chipmaker could continue to trail its peers' performance well into the new year.

Nvidia and AMD unveiled innovative products at CES 2025, showcasing advancements in AI and computing technology with strong sales growth.

Nvidia (NASDAQ: NVDA) is a leading supplier of networking hardware and chips for gaming, computing, robotics, and especially data centers, which is where most artificial intelligence (AI) development takes place.

The CES event helped show the investing world that there is still much to come from Nvidia and the AI industry as a whole. With all of the incredible growth already seen over the last few years, it wouldn't be surprising to hear speculation about how much further the technology can go.

Jensen Huang is already styled as a rock star, and his keynote in Las Vegas this week was an extravaganza of Nvidia’s next set of greatest hits, writes ARTHUR GOLDSTUCK.