Morningstar
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May 11, 2026
NVIDIA Corporation: Nvidia: Raising Fair Value to $260 From $240, as 'Agentic AI' Drives a $1 Trillion Forecast at GTC
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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Brian Colello
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