U.S. stocks are higher in afternoon trading Wednesday as Wall Street weighs the latest developments in Trump's trade wars.

The AI chip king, Nvidia ( NVDA 1.10%), is seemingly invincible and is viewed as the ultimate pick-and-shovel play for AI. Even when challenges present themselves and the stock stumbles, it doesn't last very long.

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.