Goldman Sachs released a research report, predicting that NVIDIA (NVDA.US) will deliver better-than-expected financial results for the 1FQ ending July and future outlook. In view of the increased capex by hyperscale cloud service providers and industry data indicating sustained strong AI spending, the data center revenue forecast for NVIDIA was raised by approximately 8%.

Goldman Sachs anticipated that the stock price reaction post-results will depend on the ramp-up pace of Blackwell chips in 2H25, the launch schedule of the Rubin in 2026, the mass production timeline and contribution of the China-specific H20 chips.

It was forecast that if U.S. export licenses are approved in the coming months, it could bring approximately US$20 billion in additional revenue for FY2027. Goldman Sachs raised NVIDIA's target price from US$185 to US$200, with a Buy rating.
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AASTOCKS Financial News
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