Nvidia is poised to surge another 16% as signs point to 'exceedingly robust' demand for its next-gen Blackwell chip, UBS says

Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI

• UBS said Nvidia's eye-popping stock rally can continue to $150 per share.
• The bank said recent supply chain checks show "exceedingly robust" demand for Nvidia's next-gen chips.
• Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings basis.

Nvidia stock's eye-popping rally is poised to continue as it benefits from strong demand for its next-generation...