By Jeff Lewis
Publication Date: 2026-05-29 06:06:00
NVIDIA Corporation (NASDAQ:NVDA) is one of the
12 Most Profitable Stocks to Invest In.
On May 23, 2026, NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang asked Super Micro Computer (SMCI) to tighten its compliance after Taiwan detained three people for allegedly making fraudulent declarations tied to AI servers made by Nvidia, Bloomberg’s Debby Wu reported. Huang said Super Micro has to run its own company, but added that he hopes it will “enhance and improve” regulatory compliance and avoid similar issues in the future.
On May 21, 2026, Raymond James raised the firm’s price target on NVIDIA Corporation (NASDAQ:NVDA) to $330 from $323 and maintained a Strong Buy rating on the shares. Raymond James cited stronger-than-expected Q1 results and Q2 guidance, driven by inference-led growth and share gains. The firm also pointed to Nvidia’s $80B buyback authorization and dividend increase from 1c to 25c per share. BofA also raised the firm’s price target on Nvidia to $350 from $320 and maintained a Buy rating, lifting its FY27 and FY28 pro-forma EPS estimates by 9% and 15%, respectively, after a “solid beat/raise.”
On May 20, 2026, NVIDIA Corporation (NASDAQ:NVDA) reported Q1 adjusted EPS of $1.87, ahead of the consensus estimate of $1.77. Revenue totaled $81.6B, above the consensus estimate of $79.12B. Founder and CEO Jensen Huang said the buildout of AI factories is “accelerating at…