Nvidia(US:NVDA) 美股IPO·2026-02-12 08:04Core Viewpoint - UBS analysts express optimism regarding Nvidia's upcoming earnings report, suggesting that current market concerns about AI hardware demand and profit margin compression have lowered expectations, potentially setting the stage for a positive surprise in financial performance and stock price rebound [2] Group 1: Financial Performance Expectations - UBS predicts Nvidia's Q4 revenue will reach approximately $67.5 billion, significantly above the company's previous guidance of $65 billion [3] - The firm maintains that there are no short-term factors that would impact Nvidia's gross margin guidance of 75%, despite investor concerns stemming from perceived threats from Google and Broadcom [3] Group 2: Supply Chain and Product Insights - UBS's confidence in Nvidia's performance is bolstered by strong supply chain signals and the ramp-up of key product capacities, particularly the new Blackwell architecture chips, which are expected to contribute around $9 billion in revenue in Q4 [2] - Analysis of Asian supply chain data indicates that exports of automated data processing equipment have seen growth during the traditional off-season, reflecting robust global demand for AI infrastructure [2] Group 3: Future Outlook - UBS anticipates Nvidia will provide a revenue guidance of up to $76 billion for the upcoming quarter, exceeding the market consensus range of $74 billion to $75 billion [4] - The upcoming earnings report, scheduled for February 25, 2026, is viewed as a significant catalyst, with the subsequent GTC conference in March expected to further solidify Nvidia's leadership position in the AI sector and drive the company's market value to new heights [4]