New Delhi, Oct. 5 -- Chipmaking giant and 'Magnificent Seven' favourite Nvidia, which registered multiple record highs in 2026, is likely to continue the same momentum, according to projections by BNP Paribas.

According to an The Economic Times report, the brokerage has retained its 'Outperform' rating on Nvidia, raising its target price to $345 from $285. It projects that the chipmaker's full-stack platform remains a key advantage that rivals will struggle to replicate. Mint could not independently verify the report.

The latest target price indicates a potential 47% upside from Friday's closing price. The stock has not crossed the $300 mark, with its previous all-time high at $237, which it touched last week.

The strong bullish outloo...