NVIDIA $300 price target maintained... Goldman Sachs reaffirms buy rating

Goldman Sachs reiterated its Buy rating and $300 price target on NVIDIA ($NVDA) in late October/early November 2026, leaving its prior valuation unchanged after an AI-led selloff and offering no new target. NVIDIA shares fell about 9% on the 5th, with the decline spreading across AI and semiconductor names. Crypto Briefing attributed the drop to potential regulatory hurdles, higher borrowing costs, and concerns over cloud providers' capital spending, including worries that data-center buildout could slow. The reaffirmation matters because it signals continued sell-side conviction in NVIDIA's AI growth story even as macro and capex fears pressure the sector. Investors will watch whether hyperscaler spending guidance and regulatory developments stabilize sentiment around AI-linked equities.