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Posted by
Two Blokes June 16, 2025 -
Filed in
Stock
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6 views
I reiterate my 'Strong Buy' on NVDA with a $260 price target, expecting a US-China trade deal to unlock significant H20 GPU sales; the US needs Chinese rare earth elements. Nvidia's NVLink Fusion and Spectrum-X are expanding revenue streams, with major hyperscalers like Microsoft and Meta increasing capital spend on compute capacity. Despite Q1'26 margin hits from China trade restrictions, I forecast improving gross margins and $48B net revenue for eQ2'26, driven by Blackwell architecture.
