Ge Long Hui·2025-10-30 11:31Core Viewpoint - Huatai Securities maintains a "Buy" rating on NVIDIA (NVDA.US) with a target price of $245, driven by strong future order guidance and revenue growth from AI and other sectors [1] Group 1: Financial Performance - Blackwell and Rubin project GPU orders for the next five quarters to reach $500 billion, significantly exceeding expectations [1] - Upward revisions to FY26-28 revenue and net profit forecasts are attributed to benefits from AI factories, HPC, communications, and robotics ecosystem expansion [1] Group 2: Market Position and Strategy - The company leads in cloud computing power and extends its reach into industrial, biomedical, autonomous driving, and quantum computing sectors [1] - NVIDIA is building a comprehensive AI layout, solidifying its leading position in the market [1]