Investment Rating - The investment rating for NVIDIA Corp is "Buy" with a target price of $150, indicating an expected total return of 10.8% from the current price of $135.40 [4]. Core Insights - NVIDIA's CEO emphasized the company's commitment to accelerating the adoption of Generative AI through GPU-powered data centers, highlighting key announcements such as NVLink Fusion, developments in Physical AI, and the launch of enterprise-focused RTX PRO 6000 Blackwell servers [3][9]. - The introduction of NVLink Fusion aims to integrate NVIDIA's AI infrastructure with emerging ASIC AI ecosystems, positioning the company favorably in a rapidly growing market [3]. - The new Isaac GR00T model is designed for humanoid reasoning and skills, supporting NVIDIA's broader strategy in Physical AI [8]. - NVIDIA's RTX PRO 6000 Blackwell servers are targeted at enterprises, leveraging advanced AI capabilities for various demanding workloads [9]. Summary by Sections NVLink Fusion - NVIDIA unveiled NVLink Fusion, a chiplet silicon that enables industries to build semi-custom AI infrastructure, marking a strategic entry into the ASIC AI infrastructure ecosystem [3]. Physical AI Developments - The Isaac GR00T model will generate synthetic motion data for humanoid robot development, reinforcing NVIDIA's focus on Physical AI [8]. Enterprise Solutions - The RTX PRO 6000 Blackwell servers are designed to replace the existing $1 trillion CPU server installed base with GPU servers, enhancing enterprise AI workloads [9]. Market Expectations - NVIDIA is expected to ship approximately 1 million GB300 or around 15,000 GB300 NVL servers by 2025, aligning with market checks in Asia [3].