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Morningstar

Morningstar

May 11, 2026

NVIDIA Corporation: Nvidia: Raising Fair Value to $260 From $240, as 'Agentic AI' Drives a $1 Trillion Forecast at GTC

Symbols

NVDA

Sector(s)

Technology

Rating

Current Price

220.78

Fair Value

Economic Moat

Stewardship

Summary

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development

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