Nvidia’s talk of huge market opportunities in autonomous driving and robotics is “potentially comforting for investors thinking about what might come next for the company,” an analyst says.

Nvidia (NVDA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this maker of graphics chips for gaming and artificial intelligence have returned +2% over the past month versus the Zacks S&P 500 composite's -2.

AI chip leader Nvidia (NASDAQ: NVDA) has delivered remarkable performance for investors, with a split-adjusted gain of about 2,470% over the past five years as the AI revolution has kicked into high gear.

Wall Street investment analysts also predicted that Nvidia’s stock price would rise to an average of $172.80 over the next 12 months. William Stein, an analyst at Truist Securit