Overview
- According to the Financial Times on March 5, Nvidia has halted production of chips for China and redirected TSMC capacity from H200 to its forthcoming Vera Rubin platform.
- Baird and Wedbush reaffirmed Outperform ratings on Feb. 26 and raised their Nvidia price targets to $300, pointing to guidance that exceeded buy‑side expectations.
- UBS maintained a Buy with a $245 target, said backlog now extends into 2027, and raised longer‑term EPS forecasts to about $12.70 for 2027 and $14.80 for 2028.
- Nvidia reported record fiscal Q4 revenue of roughly $68 billion with adjusted EPS of $1.62, with analysts citing data‑center strength as a key driver.
- NVDA traded near $183 on March 5, about 22x forward earnings, as investors looked to the mid‑March GTC conference for updates on the AI product road map.