Citi wants Nvidia investors to take a breath. The bank’s semiconductor analyst Atif Malik has reiterated a Buy rating on Nvidia with a $300 price target after speaking directly with the company’s investor relations team on July 9-10, confirming that the chipmaker’s product roadmap is, in Malik’s words, “fully intact.”
The move was a calculated one. Rumors had been swirling about potential delays in Nvidia’s NVLink and optics plans, the kind of whisper campaign that can shave billions off a market cap before lunch. Citi decided to go straight to the source rather than let speculation fester.
What the Citi call actually confirmed
Malik emphasized that nothing has changed since Nvidia’s Computex presentations. The company’s AI infrastructure demand remains robust, gross margins are holding steady, and the product pipeline is moving on schedule.
A $20 billion bond sale says more than any analyst note
