KeyBanc raised the firm’s price target on Nvidia (NVDA) to $250 from $230 and keeps an Overweight rating on the shares. The firm notes CoWoS supply is increased for 2025/2026; rack manufacturing yields puts GB rack shipments in 2025 on track for about 30K and at least 50K racks in 2026; and increased specifications for VR200 NVL144 should allow Nvidia to maintain its competitive leadership position over AMD‘s (AMD) MI400.
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