NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks Analysts Are Watching Closely. On January 6, Bank of America reiterated the stock as “Buy,” noting that the AI chipmaker is still a top AI pick following the company’s presentation at the Consumer Electronics Show on Monday.
Analysts highlighted how CEO Jensen Huang highlighted robust demand for AI computing at Nvidia’s CES 2026 keynote and financial analyst Q&A. The new Vera Rubin platform was introduced, along with six new AI slated for the second half of 2026. A new pooled context memory storage platform was also announced at the event.
The firm noted how Nvidia continues to run every single major Large Language Model today, maintain its leadership in the compute space.
Other highlights include physical AI, particularly through Alpamayo, Nvidia’s open portfolio of AI models, simulation frameworks, and physical AI datasets for Level 4 autonomous driving. BofA also discussed how china H200 chips demand is still there, but is awaiting licenses.
The firm highlighted NVDA’s continued dominance in AI compute, networking, system, and ecosystem.
“We continue to highlight NVDA’s continued dominance in AI compute, networking, system, and ecosystem, trading at just ~19x CY27E PE or in-line with broader SPX despite its superior >35% EPS CAGR and >40% FCF. Maintain Buy.”
NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
