Nvidia Corporation (NASDAQ:NVDA) investors may have to wait longer for mass shipments of its next-generation Vera Rubin AI hardware, but the delay is unlikely to hurt the stock’s outlook, says an analyst.
KeyBanc analyst John Vinh said Nvidia’s Vera Rubin rollout appears to be slightly delayed due to thermal heat lid issues and delays in SK Hynix Inc.‘s (NASDAQ:SKHY) HBM4 memory qualification. However, he sees little risk to financial estimates, as Nvidia is expected to offset the delay by shipping more B300 GPUs instead of R200 chips, reported Investing.com on Tuesday.
Vinh expects most shipments to come from Nvidia’s Rubin platform, with Rubin Ultra beginning to contribute in late 2027.
The firm raised its price target on the stock to $330 from $310, reiterating its Overweight rating. The firm cited stronger-than-expected demand, highlighted by a 69% increase in its 2027 CoWoS supply forecast to 1.1 million interposers, signaling growing confidence in Nvidia’s future growth.
The analyst reported mixed but generally positive feedback from Asia on the chipmaker’s product roadmap and supply chain progress.
Nvidia Bets Big on Vera Rubin
In May, Nvidia announced that its next-generation Vera Rubin AI platform has entered full production, with Taiwan’s leading server manufacturers and global supply chain partners scaling up manufacturing. Designed for AI labs, cloud providers, and hyperscalers, the platform features a POD-scale architecture of five integrated racks functioning as a single AI supercomputer to power advanced agentic AI workloads.
CEO Jensen Huang said demand for the upcoming Vera Rubin AI platform is expected to surpass that of Blackwell, with major AI model developers expected to adopt it immediately. He added that Vera Rubin has already seen a strong start and said Nvidia continues to dominate the physical AI market, including robotics and autonomous systems.
In early June, Digi Power X Inc. (NASDAQ:DGXX) committed $35 million to purchase Nvidia’s Vera Rubin AI platform to expand its NeoCloudz GPU-as-a-Service business. The rack-scale systems, which succeed Nvidia’s Blackwell architecture, are expected to begin deployment in the first quarter of 2027, subject to Nvidia’s production timeline. Digi Power plans to fund the purchase with cash on hand and offer the new AI computing capacity through NeoCloudz.
Benzinga’s Edge Rankings place Nvidia in the 98th percentile for quality and value, reflecting its strong performance in both areas. Benzinga’s screener allows you to compare NVDA’s performance with its peers.
NVDA Price Action: On a year-to-date basis, Nvidia stock surged 7.77%, as per Benzinga Pro. On Monday, it fell 3.52% to close at $203.53.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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