Nvidia Corp is expected to continue experiencing significant growth, according to UBS analysts. They believe that the company's strong results and guidance could drive its stock higher.

Nvidia's advanced microchips, which play a central role in the AI revolution, have allowed the company to outperform major competitors like Apple and Microsoft. UBS predicts that Nvidia's third-quarter revenues will be between $34.5 billion and $35 billion, surpassing the company's own guidance of $32.5 billion. For the fourth quarter, UBS anticipates revenues of approximately $37 billion.

Although Nvidia's stock value recently dipped after second-quarter results fell short of market expectations, the company's earnings remain an important indicator for the broader AI sector. Nvidia is scheduled to report its quarterly results on November 20. UBS maintains a buy rating and a price target of $185 for Nvidia, while the current trading price is $145.36.