Some analysts on Wall Street are upbeat about Nvidia’s business outlook on the ramp up of its Blackwell AI platform and supply improvements for its racks. And demand expectations for the

rest of the year into the next “looks to be solidifying, and robust as ever as compute requirements continue to move upward,” Bernstein analysts said in a note on Thursday. Nvidia said the

ramp-up of its Blackwell GPUs has been the fastest in company history, and demand is growing as hyperscaler customers focus on AI inference for reasoning models and agentic AI. Morgan

Stanley analysts said in a note on Thursday that Nvidia “is outgrowing expectations despite supply constraints, and is outgrowing competition by a larger magnitude” — backing their previous