Wedbush Maintains NVIDIA Outperform Rating, $330 Target as Blackwell Demand Exceeds Expectations

According to Wedbush senior analyst Matt Bryson's latest research report, NVIDIA's Grace Blackwell GPU line is facing unprecedented supply constraints, with GB300 and B300 inventory severely tight despite the AI chip cycle entering a mature phase. Bryson highlighted that actual market demand far exceeds Wall Street models, noting the company secured memory chip commitments years in advance, positioning it most favorably in the supply chain compared to competitors. Wedbush maintained its outperform rating with a $330 price target, citing Blackwell's strong demand as evidence of accelerating global AI infrastructure expansion. Analyst consensus target price stands at $298.42, with the highest target reaching $500.
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