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JPMorgan Keeps Overweight Rating on NVDA
NvidiaNvidia(US:NVDA) Yahoo Financeยท2025-09-16 18:50

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) is recognized as one of the top 10 stocks for the next three years, with JPMorgan reaffirming an Overweight rating and a price target of $215 following a meeting with the company's Vice President of Investor Relations and Strategic Finance [1]. Group 1: Demand and Supply Dynamics - Demand for NVIDIA's data center products is significantly outpacing supply, with long but stable lead times measured in quarters, despite the ramp-up of Blackwell Ultra chips in Q2 [2]. - Blackwell Ultra chips constituted approximately 50% of NVIDIA's Blackwell product mix during the quarter, indicating sustained high demand even two years into the current AI spending cycle [3]. Group 2: Product Development and Market Speculation - NVIDIA has confirmed that the upcoming Vera Rubin platform is on track for launch in the second half of 2026, addressing recent market speculation regarding potential delays [3]. Group 3: Company Overview - NVIDIA Corporation is a leading American multinational technology company specializing in graphics processing units (GPUs), AI hardware and software, and high-performance computing (HPC) solutions [4].