The article discusses an analyst’s bullish outlook on NVIDIA’s stock price (NVDA) ahead of the company’s Q3 earnings report. Analyst Toshiya Hari from Goldman Sachs raised his price target for NVDA to $275, implying a potential upside of over 40% from current levels. Hari cited NVIDIA’s dominance in AI chips, particularly in the data center and cloud computing markets, as a key driver for his optimistic view. He expects NVIDIA’s AI chips to maintain a significant lead over competitors like AMD and Intel, fueling strong revenue growth and profitability. The analyst also highlighted NVIDIA’s expanding opportunities in areas like autonomous vehicles, robotics, and metaverse applications. Despite concerns over a potential slowdown in consumer demand for gaming GPUs, Hari believes NVIDIA’s AI and data center businesses will continue to drive growth and justify the stock’s premium valuation.