According to Goldman Sachs, NVIDIA’s stock has significant upside potential due to its relatively cheap valuation and dominance in the artificial intelligence (AI) market. The analysts believe that NVIDIA’s leadership in AI hardware and software, combined with its strong competitive position, makes it a compelling investment opportunity. They highlight NVIDIA’s exposure to generative AI, which has gained immense popularity with the rise of ChatGPT and other AI models. The report also notes that NVIDIA’s valuation is attractive compared to its growth prospects, trading at a discount to its historical averages. Goldman Sachs has set a price target of $275 for NVIDIA’s stock, implying a potential upside of around 25% from current levels. The analysts recommend buying NVIDIA shares, citing its strong fundamentals and the growing demand for AI solutions across various industries.