NVIDIA Corporation (NASDAQ:NVDA) is one of the 15 AI Stocks Making Waves on Wall Street. On June 11, the company announced that it is building the world’s first industrial AI cloud for European manufacturers at the NVIDIA GTC Paris.

Nvidia (NVDA) shares are slipping even though the AI darling announced a bunch of partnerships with European businesses, including one with Paris-headquartered Mistral AI on Wednesday. In its press release,

NVIDIA (NasdaqGS:NVDA) recently announced various initiatives, such as plans to take minority stakes in Skild AI with Samsung and partnerships to enhance AI systems, which may relate to its 24% price increase over the last quarter.

Nvidia CEO Jensen Huang announced several AI infrastructure partnerships throughout Europe at GTC Paris on Wednesday

Nvidia's 2Q FY2026 outlook indicates the H20 headwind persists, with an $8B inventory write-off expected. Read why I downgrade NVDA stock to Hold.

Wall Street seems to agree with Brent Thill where Palantir is concerned. The median target price among 28 analysts is $110 per share, which implies 19% downside. But Jay Goldberg has the lone sell rating on Nvidia, and the median target price among 69 analysts is $175 per share, which implies 22% upside.

NVIDIA (NasdaqGS:NVDA) recently announced significant collaborations at the GTC Paris event, including partnerships with European nations to boost AI infrastructure, and integration efforts with companies like Diraq and CrowdStrike.

Nvidia (NASDAQ: NVDA) is the most valuable company in the world as of this writing, with a market cap of $3.4 trillion, and it has reached this position thanks to a tremendous rally of more than 1,500% in its stock price in the past five years.