The US stock market has finally gotten better after a poorly performed month. That was especially true for Magnificent 7 as Mega-Cap’s share is about to rebound from the value that plummets throughout April. Among them is Nvidia (NVDA). This is facing a prominent 50% upside this year and a trillion dollar opportunity.
The AI chip maker was one of the most promising stocks in the past two years after jumping more than 174% in 2024. Things were much different this year as the macroeconomic situation threatened potential profits. But it could be in the rearview mirror as the company’s values face a key point.
Nvidia will debut a potential game changer as stock approaches a turning point
Despite a succession of great days, the US stock market was flat on Friday. In fact, the Dow fell about 200 points as both the S&P 500 and Nasdaq were jumping at under 1%. But that shouldn’t undermine a week that will become one of the most important things of the year.
With lots of revenue reports, many megacap stocks worked well. It is among them, Nvidia (NVDA), the hottest tech stock of the past two years, and the company has entered $1 trillion in opportunities and 50% in opportunities on the horizon.
Specifically, Nvidia recently debuted its new software platform, Nemo. The arrival is interesting. Because its existence could be a monumental game changer for the company and the AI industry. Microservices are set up to enhance the company’s presence with autonomous AI agents. Furthermore, these should ultimately replace enterprise software in the near future.
Autonomous AI agencies are a $1 trillion market opportunity. With the demand for AI support growing daily, Nvidia’s brand awareness helps you take advantage of it. Additionally, it could help offset the ongoing tariff disruption and the pain that feels from brewing the US-China trade war.
Currently, the median price target for the stock is $160, up 46% from its current position. Additionally, according to CNN, after returning to the $109 level, there’s a 116% upside and the high-end projection sits at $235. Or, with the $100 bear case outlook, it faces just 8% downside risk.
