Nvidia’s (NVDA) stock continues to climb, with investors eyeing a $150 price target amid a global AI spending spree. A major catalyst: Saudi Arabia’s aggressive push to become a leading hub for artificial intelligence, backed by partnerships with Nvidia, AMD, and Amazon.
Investors Double Down on Nvidia: “Next Stop, $150”
Nvidia shares are on a bullish trajectory as retail and institutional investors alike set their sights on a $150 price target. Currently trading around $118, Nvidia has already gained over 90% in 2025, fueled by insatiable demand for its AI chips and data center solutions.
Why investors are bullish on Nvidia:
- Dominance in AI chips: Nvidia’s H100 and B200 GPUs remain the gold standard for AI model training and inference.
- Explosive AI-driven revenue growth, particularly from hyperscalers and enterprise clients.
- Robust earnings and guidance, with analysts raising price targets across Wall Street.
- Massive market share: Nvidia holds an estimated 80% share in the AI accelerator market.
According to TipRanks investor sentiment data, 75% of top-ranked investors maintain a “Strong Buy” rating on NVDA, with the $150 target considered achievable within the next two quarters.
Saudi Arabia’s AI Megaprojects: Nvidia, AMD, Amazon Cash In
A significant catalyst for Nvidia’s continued growth comes from the Middle East, where Saudi Arabia is executing its vision to become a global AI powerhouse. Leveraging its oil wealth, the kingdom is investing heavily in data centers, AI research, and semiconductor technologies.
Key Developments:
- Nvidia and AMD are in advanced talks with Saudi sovereign wealth funds for large-scale AI chip deployments.
- Amazon Web Services (AWS) plans to expand its cloud infrastructure in the region, partnering with local entities to establish new AI labs.
- $40 billion earmarked by Saudi Arabia for AI-focused investments by 2030.
- Riyadh aims to rival Silicon Valley, positioning itself as a leader in AI compute, research, and talent development.
This geopolitical AI race not only benefits chipmakers like Nvidia and AMD but also aligns with global supply chain diversification efforts. Analysts expect a significant portion of Saudi Arabia’s AI investment to flow directly into Nvidia’s ecosystem, providing a long-term revenue tailwind.
The Bigger Picture: Nvidia’s Global AI Dominance
Beyond Saudi Arabia, Nvidia’s strategic partnerships in Asia, Europe, and North America further cement its role as the backbone of AI infrastructure. As AI applications expand into healthcare, finance, and autonomous vehicles, demand for Nvidia’s cutting-edge GPUs is expected to accelerate.
What’s next for Nvidia:
- Q2 earnings expected to beat estimates, driven by record data center revenue.
- New product launches, including next-gen GPUs aimed at enterprise AI workloads.
- Expansion into sovereign AI clouds, similar to Saudi Arabia’s initiatives, in other regions.
- Potential AI chip shortages, underscoring the scarcity premium on Nvidia’s products.
Conclusion: $150 is Just the Beginning?
With robust fundamentals, geopolitical tailwinds, and unmatched AI leadership, Nvidia’s $150 price target looks increasingly realistic.
As Saudi Arabia and other nations pour billions into AI infrastructure, Nvidia stands poised to capture a disproportionate share of the gains, making it a top pick for investors riding the AI revolution.