Shares of Nvidia (NVDA) are up another $3.20 a share at $191.31.

From here, we’d like to see it rally back to $200 initially. Longer-term, we’d like to see it closer to $220 a share, with the AI boom showing no signs of cooling off.

Helping, NVDA just announced the launch of its next-generation Vera Rubin superchip at CES 2026, “comprising six new chips designed to deliver one incredible AI supercomputer. NVIDIA Rubin sets a new standard for building, deploying, and securing the world’s largest and most advanced AI systems at the lowest cost to accelerate mainstream AI adoption,” as noted by Nvidia. 

Also, analysts at Bank of America just reiterated a buy rating on NVDA following its presentation at the Consumer Electronics Show.

“We continue to highlight NVDA’s continued dominance in AI compute, networking, system, and ecosystem, trading at just ~19x CY27E PE or in-line with broader SPX despite its superior >35% EPS CAGR and >40% FCF,” as quoted by CNBC.

Sincerely,

Ian Cooper