Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is expected to beat market expectations when it reports later today, according to analysts at Wedbush, who believe strong enterprise demand and AI infrastructure investment will continue to drive results.
Wedbush cited evidence from Asia supply chains and Big Tech’s capex as key indicators of momentum. The firm expects significant focus on Nvidia’s next-generation Blackwell chips and believes current market forecasts are too conservative.
The report argues that geopolitical restrictions on chip exports to China have opened new market gaps Nvidia is positioned to fill. Wedbush sees AI investment still in the early stages and forecasts global tech capex will top $550 billion in 2026.
“In a nutshell there is one company in the world that is the foundation for the AI Revolution and that is Nvidia with the Godfather of AI Jensen having the best perch and vantage point to discuss overall enterprise AI demand,” the broker said in a note.
Nvidia is rated ‘Outperform’ by Wedbush with a price target of $210.