Wedbush strongly supports NVIDIA Corporation (NVDA.US): DeepSeek has not shaken the demand for AI, Q4 performance may once again achieve miracles.

Wedbush Securities continues to be optimistic about NVIDIA Corporation (NVDA.US) in a recent research report, and expects the semiconductor giant led by Jensen Huang to "significantly exceed expectations and achieve growth" in the fourth quarter. Analysts at Wedbush wrote in the report: "By 2025, the capital expenditures of the 'Big Seven' will reach $325 billion, an increase of approximately $100 billion year over year. With more and more companies and governments (like Stargate) embarking on the golden path of AI, enterprise-driven demand is accelerating. We believe that demand has far exceeded supply since the launch of Blackwell products. After communicating with numerous enterprise AI customers, we found that no enterprise AI deployment has been slowed down or altered due to DeepSeek." The analysts at the firm added that AI is now expected to account for around 10% of all IT budgets in 2025, and in some cases even reaching 15%, as chief information officers have already "accelerated" their AI strategies in the next six to nine months. NVIDIA Corporation is expected to benefit from this, as it is believed that for every dollar spent on NVIDIA Corporation's AI accelerator, there will be a multiplier effect of 8 to 10 times in the AI field. Currently, analysts generally expect NVIDIA Corporation to achieve earnings per share of $0.85 and revenue of $38.5 billion in Q4.