Nvidia’s stock can soar 35% more, Barclays says. Why AI spending estimates now seem less ‘outlandish.’
1. Analysts estimate AI infrastructure spending could exceed $2 trillion. 2. Nvidia expected to benefit significantly from increased demand for GPUs. 3. Barclays raised NVDA's price target to $240, signaling 35.6% upside. 4. Analysts anticipate Nvidia's financials will improve materially over next five years. 5. Market confidence in AI infrastructure spending is growing due to recent announcements.