Citi says buy Nvidia stock ahead 2H26 outperformance

Citigroup financial analysts issued a strong buy recommendation for Nvidia Corporation stock on May 15, 2023, projecting significant outperformance during the second half of 2026. The endorsement comes as Nvidia continues to dominate the artificial intelligence and high-performance computing markets with its advanced graphics processing units (GPUs). The banking giant's research division believes that Nvidia's technological leadership in AI chips, coupled with increasing demand across various sectors including data centers, autonomous vehicles, and cloud computing, will drive substantial shareholder returns in the coming years. Industry experts note that this recommendation aligns with broader market confidence in Nvidia's ability to capitalize on the rapidly expanding AI revolution, with the company's stock already having demonstrated remarkable growth over the past 12 months.