$300 in 2026? Here’s my forecast for the Nvidia share price
Nvidia’s (NASDAQ: NVDA) share price continues to move higher. This year, it’s climbed from $134 to $187 – a gain of about 40%.
Wondering what level the chip stock could get to in the medium term? Here’s my share price forecast for 2026.
Huge demand for its GPUs
Before crunching the numbers, it’s worth looking at the backdrop here. Because it’s quite remarkable. Nvidia designs high-powered chips (GPUs) for artificial intelligence (AI). And right now, tech companies like OpenAI (ChatGPT), Meta Platforms, Alphabet, and Oracle can’t get enough of them.
Recently, I was listening to an interview with OpenAI CEO Sam Altman and he was explaining that GPU supply has been very constrained in recent…
