Nvidia’s stock could soar another 45%. Here’s why one analyst says bears are wrong.
1. Analyst raises Nvidia's price target from $240 to $275, suggesting 47% upside. 2. Demand for Nvidia's products is expected to grow with AI advancements. 3. Nvidia could capture over 40% of the AI infrastructure market by 2030. 4. Potential $10 billion demand surge from China could boost earnings estimates. 5. Annual data center revenue growth rate revised to 44%, above street estimates.