Bank of America Bullish on Nvidia Following GTC Keynote
Nvidia's stock surged past a $5 trillion market cap after CEO Jensen Huang's keynote at GTC last week, which unveiled a series of groundbreaking announcements. Bank of America analyst Vivek Arya, ranked in the top 3% of Street experts, reinforced his bullish stance after a 'very positive' meeting with Nvidia CFO Colette Kress and the IR team.
The discussion highlighted Nvidia's 'solid visibility,' with data center orders for CY25/26 projected at $0.5 trillion—10% above Street estimates. Arya noted conservative assumptions of $25 billion per gigawatt content, below Nvidia's roadshow targets of $30–$40 billion. The actual mix may include MGX racks, CPU components, and varied networking configurations, but a 20 GW buildout in CY25/26 could further solidify Nvidia's dominance.
