Jefferies: Wall Street’s Expectation That NVIDIA Would Earn $200 Billion In Revenue In 2025 Assumes “Overly Aggressive ASPs” ...Middle East

A hint of circumspection around NVIDIA appears to be creeping into the commentaries of the more discerning financial powerhouses that populate Wall Street. Consider the latest investment note from Jefferies, where the financial advisory firm adopts a markedly cautious tone vis-à-vis NVIDIA's prospects for 2025. A few weeks back, Morgan Stanley saw NVIDIA shipping up to 450,000 units of the Blackwell GPUs in the December-ending quarter, and between 700,000 and 800,000 units of Blackwell GPUs in Q1'25. Fast-forward to this week, when Raymond James noted that it now saw NVIDIA shipping "around 100,000 Blackwell GPUs in 4Q, which is likely at the […]

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