Nvidia stock may hit new highs soon, driven by strong earnings and AI demand, says AI model.

Nvidia recently hit a new intraday high around $217.80, closing at $215. An AI model from OpenAI's ChatGPT predicts the stock could reach $230-$245 after its upcoming earnings report, expected around May 20. The forecast is based on Nvidia's history of price swings post-earnings and strong demand for AI infrastructure from major tech firms. While momentum is strong, the model warns of potential volatility due to Nvidia being a crowded trade. Investors are watching for updates on Nvidia's Blackwell and Vera Rubin platforms, with revenue guidance around $78 billion for Q1 2027.