Street View: Nvidia keeps winning with its full-stack AI strategy

Nvidia NVDA.O on Monday said its AI chip revenue could exceed $1 trillion by 2027 as it moves to compete more aggressively in real-time AI computing

AI'S NEW POWER STACK

J.P. Morgan ("overweight," PT: $265) says co's hard-to-replicate platform, rising AI inference demand, growing market for accelerated computing, and a widening customer base point to a longer growth cycle than the market expects

Bernstein ("outperform," PT: $300) believes co's full-platform strategy is getting harder to disrupt as it expands its hardware and software stacks and drives token costs lower each generation, boosting its advantage as inference demand accelerates

Rosenblatt Securities ("buy," PT: $300) says it is increasingly convinced that co has the scale, creativity and momentum to keep leading the AI market, and while the stock has lagged, it sees as only a matter of time before it regains

RBC Capital Markets ("outperform," PT: $250) says co remains the dominant compute provider at OpenAI and is gaining share at Anthropic, supporting expectations that non‑cloud customers will grow faster than hyperscalers and help extend the AI spending cycle