Nvidia (NASDAQ: NVDA) could reach $238 after its August 26 earnings report, according to a ChatGPT analysis based on continued strength in AI infrastructure spending and adoption of its Blackwell systems.

The target implies upside of about 7% from Nvidia’s press-time trading value of $224 and assumes the company will once again beat Wall Street expectations while maintaining a strong growth outlook.

The earnings report is one of Wall Street’s most closely watched events, with investors looking for evidence that AI spending remains robust. 

Analysts expect Nvidia to post revenue of about $91.9 billion and earnings per share of $2.07, up from $81.6 billion in the…