$NVDA

Baird on $NVDA: Analyst Tristan Gerra reiterates Outperform with a $195 PT.

🔸 GB200 gaining momentum despite a slow start. 🔸 Delays were due to data center space & power, not demand. 🔸 Nvidia pushing NVL72 for efficiency. 🔸 GB200 to dominate GB mix in 2H25 & 2026. 🔸 GB300 not expected until 2H26.