Why 1 Analyst Says Vera Rubin Is Key for Nvidia Stock in Q2

Nvidia's (NVDA) stock is attracting renewed interest as the company prepares to report its earnings on Aug. 26. According to GF Securities analyst Jeff Pu, Nvidia's forthcoming Vera Rubin platform could be the driving force behind the next phase of growth. Pu recently increased his target price for NVDA shares from $308 to $345 while maintaining a Buy rating.

This comes as investors shift their focus away from Nvidia's current Blackwell business and question whether the company can sustain its AI leadership through 2027 and beyond. Despite recent stock price fluctuations, Nvidia's strong year-to-date performance and high gross margins have positioned the company as a leader in the AI infrastructure market.