NVIDIA Corp.'s (NASDAQ:NVDA) latest quarterly results reinforced Wall Street's confidence in the company's leadership across AI infrastructure, with analysts from Wolfe Research, UBS, and Bernstein highlighting strong demand trends, expanding market opportunities, and resilient long-term growth prospects.
Wolfe Research's Chris Caso Says NVIDIA Continues Leading AI Infrastructure Wolfe Research senior analyst Chris Caso told CNBC on Thursday that NVIDIA delivered another strong "beat and raise" quarter, with both earnings and guidance exceeding company forecasts and Wall Street expectations.
Caso said investors remain focused on whether hyperscalers building their own chips could pressure NVIDIA's market share.
However, he pointed to NVIDIA adding customers such as Anthropic in the hyperscale market as evidence that the company continues to gain traction.
He added that NVIDIA now generates roughly half of its business from hyperscalers.
