New AI Peak! HSBC High Fuel Counterattacks AI Bubble Theory: NVIDIA Corporation (NVDA.US) Stock Price Can Still Soar 80%

After Wall Street financial giant Cantor Fitzgerald shouted out a seemingly crazy target stock price of $300, the optimistic camp of Wall Street's NVIDIA Corporation (NVDA.US) welcomed another strong bull. Based on the continued explosive expansion of AI computing power infrastructure, financial giant HSBC has upgraded its stock rating on this "AI chip superpower" from "hold" to "buy," strongly counterattacking the recent market craze of the "AI bubble theory." Even more significantly, HSBC has raised its target stock price for NVIDIA Corporation from $200 to a whopping $320, setting a new high on Wall Street. Based on NVIDIA Corporation's closing price of $180.03 on the previous trading day, HSBC's new target implies that the stock price of the world's largest NVIDIA Corporation still has a very close to 80% upside potential. If it reaches this target set by HSBC, NVIDIA Corporation's market value will approach an incredible approximately $8 trillion, while the current market value of NVIDIA Corporation is about $4.37 trillion, consistently ranking first on the global market value ranking list. The stock price of NVIDIA Corporation has repeatedly hit new highs this year, with a gain of up to 40% since the beginning of 2025. "We expect the total addressable market (TAM) for AI GPUs to continue to expand significantly beyond the super large-scale cloud computing vendors, leading to long-term sustainable strong profit growth," wrote Frank Lee, a senior analyst at HSBC, referring to the overall addressable market for high-performance AI chips that handle massive AI workloads. "This trend will bring significant upside potential for NVIDIA Corporation's earnings expectations for the 2027 fiscal year." Benefiting from the strong performance report of "lithography giant" ASML Holding NV ADR and the optimistic outlook for the AI boom, as well as this seemingly crazy research report from HSBC, NVIDIA Corporation's stock price rose 2.2% in premarket trading, but the cumulative decline over the past three trading days was about 6%. NVIDIA Corporation welcomes a new bull, expecting a huge upside spaceHSBC upgrades rating and gives the highest target price on Wall Street With this latest upgrade, more than 90% of Wall Street analysts covering NVIDIA Corporation's stock recommend "buy" or "hold." Less than 8% give an equivalent of a neutral and cautious "hold" rating, with only one analyst recommending "sell." In addition, Wall Street analysts have continuously raised their average target price for NVIDIA Corporation's stock recently, with the latest average target price at approximately $220, implying an average return potential of over 20% based on its last closing price, and the average target price suggests that NVIDIA Corporation surpassing a market value of $5 trillion is just a matter of time in the eyes of Wall Street. HSBC also reiterated its "buy" rating on NVIDIA Corporation's long-time competitor, AMD (AMD.US), and raised its target price from $185 to $310, also the highest target stock price level on Wall Street. The stock rose 2.5% in premarket trading. Analyst Lee wrote that the recent deal with OpenAI "presents a more favorable bullish outlook," enhancing performance forecast clarity and market bullish sentiment; he also added, "There may be further upside potential from pricing premiums and additional AI GPU shipment expansions." As of the last trading day, AMD's stock price has risen by 35% since October and has surged over 80% year-to-date. The giant wave of AI infrastructure is sweeping in, and the "global stock king" NVIDIA Corporation continues to script the myth of AI computing power With NVIDIA Corporation recently announcing a partnership with its long-time rival Intel Corporation and declaring an investment of up to $100 billion in the leading AI company OpenAI, the two parties plan to jointly build a super AI data center with at least 10 gigawatts (GW) of computing power. The legend of NVIDIA Corporation's "AI computing power" has come to a climax since September. In the view of top Wall Street institutions such as Cantor Fitzgerald, HSBC, and Morgan Stanley, NVIDIA Corporation will still be the core beneficiary of trillion-dollar AI spending and in the eyes of Wall Street, the momentum of NVIDIA Corporation's repeatedly hitting historical highs is far from over, and the AI bubble theory is baseless. Wall Street analysts have been continuously raising their 12-month target stock prices for NVIDIA Corporation, with the latest average target price on Wall Street implying that NVIDIA Corporation's total market value will surpass $5 trillion within a year, a super milestone. "NVIDIA Corporation, the world's largest market cap company, can be considered the 'grand dragon head' of the global AI computing power industry chain," so in the eyes of institutions and retail investors, the strong upward trend of NVIDIA Corporation's repeated all-time highs implies that this round of "super bull market" in the global AI computing power industry chain is far from over, and this industry chain will remain the most favored investment sector for global funds in the coming period. It is under the leadership of large tech giants such as NVIDIA Corporation, Meta, Alphabet Inc. Class C, Oracle Corporation, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, and Broadcom Inc., as well as the leaders of the AI computing power industry chain, that an unprecedented wave of AI investment has swept through the US stock market and global stock markets, driving the S&P 500 index and the global benchmark indexthe MSCI Global Indexto soar significantly since April, setting continuous historical highs in recent days. The recent surge in prices of high-performance storage products in the global DRAM and NAND series, combined with the cloud computing giant Oracle Corporation's announcement of a contract backlog of $455 billion far exceeding market expectations, and the leading AI startup OpenAI reaching a deal worth over $1 trillion in AI computing power infrastructure, have significantly strengthened the "long-term bull market narrative" of the AI computing power infrastructure sector, including AI GPUs, ASICs, HBM, data center SSD storage systems, liquid cooling systems, core power equipment, etc. The demand for AI computing power brought by generative AI applications and AI intelligent agents is expected to drive the AI computing power infrastructure market to continue to show exponential growth, and the "AI inference system" is also considered by experts to be the largest source of revenue for NVIDIA Corporation in the future. Analysts from Cantor Fitzgerald's team stated, "The rapid and extremely widespread adoption of generative AI applications software proves that this AI upsurge is by no means a bubble in any sense." "In the past 12 months, large recommendation systems worldwide have adopted generative AI. For example, search has transitioned to generative AI. Social media has transitioned to generative AI." "Users are generating innovative content autonomously, based on AI-based ad recommendation engines, everything has shifted from traditional machine learning to generative AI. Just the massive migration from traditional computing to generative AI, NVIDIA Corporation has seen capital expenditures of up to $2 trillion. We are definitely not in a bubble; on the contrary, the market is starting to realize how 'high-quality' AI can bring significantly positive investment returns." Cantor Fitzgerald wrote in the research report on raising NVIDIA Corporation's stock price to $300.