BNP Paribas Keeps Nvidia at Outperform, Sees Gains in AI Rollouts
BNP Paribas keeps Nvidia at Outperform, $345 target, after GTC Berlin showed faster AI data-center rollouts and optical networking plans, per GuruFocus.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
BNP Paribas, in a Thursday note reported by GuruFocus, maintains an Outperform rating on Nvidia with a $345 price target. Analyst Karl Ackerman points to the GTC Berlin event, where the chipmaker showed quicker AI data-center buildouts and its optical networking roadmap.
Products on display included the Vera Rubin platform, Groq 3 LPX hardware and Spectrum-X Photonics switch gear. Nvidia says its DSX POD pre-integrated design can take a prepared site from six months down to 14 days, and 17 partners are set to deliver such systems in early 2027. Co-packaged optics are expected to advance through the second half of 2026 and into 2027.
On the supply side, Nvidia intends to raise substrate capacity 2.5 times over three years, working with Samsung (SSNLF) and Unimicron, while a separate agreement involves Amkor (AMKR). Alphabet plans Google Cloud infrastructure built on Vera Rubin in Europe, scalable to as many as 960,000 GPUs.
why it matters
The key takeaway for markets is the underlying AI infrastructure demand: faster data-center construction and expanding substrate output point to a long investment cycle across the chip supply chain. Delivery timelines and execution remain the central question.
market impact
Nvidia and AI chip suppliers: planned substrate expansion supports demand for Samsung, Unimicron and Amkor.
tags
instruments
sources
- BNP Paribas Delivers Bullish Message for Nvidia Stock Investors — gurufocus.com, 22 October 2026 at 18:34 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗