I added to my NVIDIA (NASDAQ: NVDA) position following Citi’s reaffirmation of a Buy rating with a $270 price target. The firm highlighted NVIDIA’s leadership in AI innovation, projecting that the next wave of physical AI, reasoning AI, and agent-based AI will drive demand from 2026 onward. Additionally, the recent Groq acquisition is expected to expand NVIDIA’s addressable market by combining NVIDIA’s high-throughput capabilities with Groq’s ultra-low-latency strengths. These strategic moves reinforce NVIDIA’s technological edge and long-term growth potential, making it an attractive addition to my portfolio for the coming years.
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