The shine is not outside NVIDIA, but analysts grow more careful on its growth: Wall Street reactions

Nvidia (NvdaThe star of artificial intelligence is still – even if he does not light up The latest profit report.

The second quarter of the Chipmaker maker, who won the expectations in the upper and lower lines, did not calm the analysts’ concerns about slowing the momentum, especially in Data center growth and Exposure to the Chinese market.

Frank Lee, the global head of the technical devices at HSBC, struck a cautious tone. ))

The artificial intelligence processing units market was increasing. Li referred to Jensen Huang’s comments on the best of the best Passover, which total $ 600 billion in capital expenditures in 2026. HUANG was on 3 trillion dollars to $ 4 trillion in spending on Amnesty International by 2030.

But I warned that “NVIDIA has not seen a big victory and raised the quarter since 2qfy25.” The company maintained the classification of a comment and the goal of $ 200.

NVIDIA fell slightly on Thursday morning. It has increased 29 % a year so far, before S&P 500 (^Gspc(10 % profit.

The performance of the NVIDIA data center did not sit well with some on the street. The sector’s revenues amounted to 41.1 billion dollars, compared to $ 26.2 billion in the previous year and more than the unanimity estimates of $ 41.3 billion, according to Bloomberg data. Not sold H20 chips to China In a quarter and did not include potential sales in its guidance.

Robin Roy of Stifel pointed out that “DC (Data Center) was less than expected despite an increase of 56 % Y/Y and 5 % Q/Q.” The company repeated its classification to buy and the goal of $ 212.

The most prominent generation of Da Davidson is the most frankness.

“The revenue of the data center has witnessed the smallest serial increase since F1Q24,” Luria wrote in a note. He said that pushing China to increase the production of local chips, as well as its concerns related to national security, could restrict future NVIDIA sales indefinitely within the country.

Luria raised its target price to $ 195 from $ 135, but maintained a neutral classification, noting “the ongoing concern about the company’s ability to sell H20S in China.”

Huang resisted fears of the future of Nafidia. “It is clear that we got a record quarter without China, and we directed another quarter of a record without China … it’s amazing growth.”

Others agree on Wall Street that NVIDIA has more space for running.

Citi ATIF Malik has maintained his purchase rating, raising its target price to $ 210. NVIDIA is expected to witness a strong growth of H20 chips sales, and may amount to $ 2 billion to $ 5 billion in the third quarter, if geopolitical issues fade.