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Nvidia’s AI-Driven Growth Spurs Analyst Optimism Ahead of Q2 Earnings
Nvidia’s AI-Driven Growth Spurs Analyst Optimism Ahead of Q2 Earnings
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BTCCSquare news:
Nvidia’s second-quarter earnings, slated for August 27, are anticipated to reflect robust demand for its AI products, with Wall Street projecting $45.7 billion in revenue and EPS of $1.00. KeyBanc’s top-ranked analyst John Vinh has lifted his price target to $215 from $190, citing improved manufacturing yields and strong shipments of Blackwell GPUs.
Blackwell GPU supply surged 40% in Q2, with a further 20% growth expected in Q3. The rollout of Blackwell Ultra—projected to dominate half of October shipments—and improved rack yields (now nearing 85%) underpin Vinh’s bullish outlook. His full-year shipment forecast has been revised upward to 30,000 racks.
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