Home / Business and Economy / Nvidia Expands AI Footprint with $210 Price Target
Nvidia Expands AI Footprint with $210 Price Target
6 Oct
Summary
- Goldman Sachs raises Nvidia's price target to $210
- Nvidia announces strategic investments in OpenAI and other AI companies
- Microsoft secures over 100,000 of Nvidia's latest chips for AI capabilities
As of October 6th, 2025, Nvidia's stock is making waves in the tech industry. Goldman Sachs has recently raised the company's price target to $210, up from $200, while maintaining a Buy rating. This adjustment comes as Nvidia announces a series of strategic investments and partnerships, particularly with OpenAI.
The investment bank notes that OpenAI's infrastructure spending will increasingly rely on equity and debt financing, potentially requiring up to $75 billion in 2026 alone. This includes projects such as self-built data centers equipped with Nvidia GPUs and Stargate funding. Additionally, Oracle's recent $18 billion debt raise to support OpenAI appears to be gaining strong market traction.
In a related development, Microsoft has entered a $19.4 billion deal with Nebius Group NV to secure over 100,000 of Nvidia's latest chips, aimed at enhancing its AI capabilities. This move underscores Nvidia's growing influence in the AI infrastructure sector.
Meanwhile, JPMorgan has increased its price target for Hon Hai Precision Industry Co Ltd., reflecting expectations of stronger AI server growth fueled by Nvidia's expanding rack revenues. However, former Baillie Gifford investment manager James Anderson has raised concerns about potential bubble conditions in the AI sector, particularly pointing to Nvidia's substantial $100 billion investment in OpenAI.
These events highlight the dynamic and evolving landscape of the tech industry, with companies jockeying for position in the lucrative AI market.
