Nvidia (NVDA) Stock: Why This Analyst Sees 28% Rally Ahead

TLDR RBC Capital Markets starts coverage on Nvidia with Outperform rating and $240 price target Taiwan Semiconductor plans record $56 billion capital spending in 2026, up 37% from 2025 Nvidia’s AI chip market share projected to fall from 80% to 70% by 2027 Stock gained 2.1% Thursday on positive analyst coverage and supplier earnings RBC [...]

The post Nvidia (NVDA) Stock: Why This Analyst Sees 28% Rally Ahead appeared first on Blockonomi.