Here’s what I think investors in Nvidia stock can look forward to in 2026

Currently up 34%, Nvidia (NASDAQ:NVDA) stock is on course to deliver market-beating results again this year, powered higher by very strong earnings growth.

Yet it’s also been a strange year, with rising concerns about an AI bubble and the price is down 12.5% since October.

I rebought Nvidia back in April when President Trump’s bombshell tariffs announcement sent it crashing to just $95. At that price, I thought it offered a lot of value and, thankfully, it’s now up at $181.

But what can investors like myself expect to see in 2026? Let’s take a look.

Ready for volatility

The first thing to say is that I’m bracing for more volatility from this stock. This is nothing new, though, as Nvidia has a habit of whipsawing up and down from one month to the next.

Also, as AI data centre infrastructure spending grows, I’m expecting fears about overspending to intensify. As such, we’ll probably see more news from cloud giants — the hyperscalers — about developing their own chips to reduce costs.

It’s possible then, with rising competition and AI bubble fears, that investors get antsy and that the stock doesn’t perform as well next year.

Vera and Rubin

At the same time, I also see two potential catalysts that might support another year of strong share price gains.

First off, there’s Nvidia’s upcoming Vera Rubin platform, which is on track to ramp in the second half of 2026 and be…