‘Stay on Board,’ Says Top Investor About Nvidia Stock

Nvidia (NASDAQ:NVDA) had a moment in the Middle East last week, with CEO Jensen Huang taking the stage in Saudi Arabia during President Trump’s Gulf visit. The high-profile appearance wasn’t just for show, it was the backdrop for a major strategic move in the region.

During the visit, Nvidia unveiled a landmark partnership with HUMAIN, a subsidiary of the Kingdom’s sovereign wealth fund, to build an 18,000 Nvidia GB300 Grace Blackwell AI supercomputer. The deal also includes deploying 5,000 GPUs to power a sovereign AI factory, training thousands of Saudi engineers, and teaming up with Aramco Digital to establish a robotics center of excellence.

One top investor, known by the pseudonym JR Resarch, believes these megadeals will serve as another engine of growth for the trillion-dollar company.

“Nvidia Corporation’s AI chip demand has taken on a new dimension, fueled by Middle Eastern sovereign AI investments and U.S. policy shifts favoring regional access,” asserts the 5-star investor, who is among the very top 1% of TipRanks’ stock pros.

Not only are the Gulf’s deep pockets taking the “AI arms race to the next level,” explains JR, but the Trump administration is seeking to facilitate the export of Nvidia’s prized AI chips to allies in the Middle East.

On the flip side of the coin, the investor notes, the White House is looking to limit access of this high value hardware to China. Acknowledging the potential for Nvidia’s China revenues to take a hit, JR also points out that the company is working to design compliant chips for this major market. In other words, Nvidia is not going to cede primacy to Huawei in China without a fight.

“I believe fears of a peak and then steep fall in Nvidia’s growth cadence seem well overstated,” adds JR.

While the investor acknowledges that the Middle East deals could take some time to “pan out,” the wait will be worth it.

“Investors should continue to remain on board and remain patient to let the thesis play out accordingly,” summarizes JR, who rates NVDA shares a Buy. (To watch JR Research’s track record, click here)

Wall Street hardly has an objection to this thesis. Nvidia boasts a Strong Buy consensus rating, backed by 34 Buys, 5 Holds, and just 1 Sell. Analysts see more room to run, with a 12-month average price target of $164.51, suggesting ~25% upside from current levels. (See NVDA stock forecast)

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Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.