AnswersPublished20 sources
Why Dan Ives Stayed Bullish on Nvidia Amid AI Financing Fears
Dan Ives viewed Nvidia’s pullback as a chance to buy, keeping his Outperform rating and $300 target as the company forecast about 70% fiscal 2028 revenue growth. Nvidia reported $96.2 billion in quarterly revenue, up 106% year over year, while its data center revenue rose 117% to $89 billion.
Published byEdited with GPT-6 LunaImages generated with GPT Image 2
Research answer
Key takeaways
- Dan Ives viewed Nvidia’s pullback as a chance to buy, keeping his Outperform rating and $300 target as the company forecast about 70% fiscal 2028 revenue growth.
- Nvidia reported $96.2 billion in quarterly revenue, up 106% year over year, while its data center revenue rose 117% to $89 billion.
- The evidence supports Ives’s broad growth thesis, but does not verify every detail of the reported two session decline or the financing figures raised in the question.
AI Prompt
openai.comCreate a landscape editorial hero image for this Studio Global article: Why did tech analyst Dan Ives of Yorkville Ives & Co. describe Nvidia’s roughly 5% decline over two sessions as a buying opportunity on Octo. Article summary: Ives treated Nvidia’s pullback as a financing-driven selloff rather than evidence that its AI growth story had broken: he continued to see the company as the “bedrock of the AI Revolution” and retained his Outperform rat. Topic tags: general, news, general web, documentation, user generated. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, water
Dan Ives’s bullish view of Nvidia rests on a distinction: he saw the stock’s weakness as a reaction to worries about financing the AI buildout, not proof that demand for Nvidia’s chips had faded. He kept an Outperform rating and a $300 price target, while describing Nvidia as central to the AI boom. 3
7 That is an investment thesis, not a resolution of the credit risks facing the companies building AI infrastructure.
Why Ives saw a pullback as an opportunity
The growth outlook remained strong. Nvidia projected roughly 70% revenue growth for fiscal 2028, while warning that memory-component shortages could limit how quickly it expands. 33 In other words, the company’s outlook pointed to supply as a constraint on growth—not weak demand. That helped support Ives’s argument that a share-price decline did not necessarily mean the business outlook had deteriorated.
7
8
Recent results gave the growth case a concrete foundation. Nvidia reported second-quarter fiscal 2027 revenue of $96.2 billion, up 106% year over year, including $89 billion in data-center revenue, up 117%. 30 These are reported results, distinct from the company’s forward-looking fiscal 2028 outlook.
Large deployment plans offered another sign of demand. Nvidia and Amazon Web Services announced plans to deploy two million additional Nvidia GPUs across AWS infrastructure in 2027 and 2028. 33
Ives’s thesis extended beyond chips alone. Coverage of his call pointed to Nvidia’s full-stack hardware and software advantages, framing its position in terms of the broader architecture used to build and operate AI infrastructure. 7
8 But the available reporting does not establish the details of a separate argument about CUDA code-rewriting costs, or document a specific shift in his thesis from AI training toward reasoning, agents and robotics. Those details should not be treated as confirmed elements of his October 16 case.
Ives also described the AI investment cycle as being in its “third inning,” signaling his view that the opportunity had room to develop further. 1
The financing caveat: demand is not the same as financial resilience
Financing was part of the debate, not a side issue. Bloomberg’s coverage of Ives’s October 16 appearance said he discussed CoreWeave, Nvidia’s cost of capital and credit markets. 2 Other coverage summarized his view that CoreWeave’s pressure could be a buying opportunity because of demand and backlog.
4
That bullish argument does not, by itself, show that every AI infrastructure customer can fund construction, manage borrowing costs or earn an attractive return on new computing capacity. Reporting also put Nvidia’s $6.3 billion CoreWeave capacity commitment at the center of the financing discussion. 9 The available sources do not establish the specific figures raised in the question about CoreWeave’s debt and lease obligations, bond yields, Nvidia’s equity stake or the exact terms for purchasing unsold capacity. They therefore do not allow a firm conclusion about how Ives weighed those individual exposures.
What the evidence can—and cannot—confirm
The sources support the broad account: Ives maintained a bullish Nvidia rating and $300 target, pointed to a strong growth outlook and supply-constrained chip demand, and addressed concerns about credit and AI infrastructure financing. 2
3
7
33 They do not consistently verify the precise claim that Nvidia fell roughly 5% over two sessions, so that figure should be treated cautiously.
The central tension is straightforward: Nvidia’s reported growth, its forward outlook and planned customer deployments bolster the demand case. 30
33
Studio Global AI
Continue your research
This page includes a source-backed answer you can continue inside Studio Global.
People also ask
What is the short answer to "Why Dan Ives Stayed Bullish on Nvidia Amid AI Financing Fears"?
Dan Ives viewed Nvidia’s pullback as a chance to buy, keeping his Outperform rating and $300 target as the company forecast about 70% fiscal 2028 revenue growth.
What are the key points to validate first?
Dan Ives viewed Nvidia’s pullback as a chance to buy, keeping his Outperform rating and $300 target as the company forecast about 70% fiscal 2028 revenue growth. Nvidia reported $96.2 billion in quarterly revenue, up 106% year over year, while its data center revenue rose 117% to $89 billion.
What should I do next in practice?
The evidence supports Ives’s broad growth thesis, but does not verify every detail of the reported two session decline or the financing figures raised in the question.
Sources
markets.businessinsider.com‘Nvidia Remains the Bedrock of the AI Revolution,’ Says Dan Ives, Maintains $300 Price Target
tradingkey.comNvidia Stock Price Forecast: Jensen Huang Says AI Chip Demand Is Strong, Dan Ives Sees Selloff as Buying Opportunity; Can the Stock Return to an Uptrend?
reuters.comNvidia forecasts 70% sales growth next year, signals AI ...