Semiconductor giant Nvidia continues to be a Wall Street favorite -- and for all the right reasons. The company's transition from a prominent GPU company to a full-stack artificial intelligence (AI) infrastructure provider has been genuinely exceptional.

Needham is the latest Wall Street giant to crank up Nvidia’s price target, and the jump is big. The firm bumped its price target to $200 from $160, while maintaining a buy rating, following Nvidia’s confirmation that it’s gearing up to resume H20 chip sales to China.

Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?

Key Points Nvidia has been a surefire AI winner in recent years, soaring 1,400%, thanks to demand for its products.Two other AI players also offer promising futures in this high-growth field. These 10 stocks could mint the next wave of millionaires › Nvidia (NASDAQ: NVDA) has been a no-brainer buy for investors over the past couple of years.

Nvidia Corporation continues to lead in AI & data centers, fueling stock growth despite risks & high valuations. Click for my NVDA update.