**[Stifel: NVIDIA Earnings Expected to Exceed Expectations and Guidance Raised, "Buy" Rating and $282 Target Price Maintained]** BlockBeats News, August 19 — Wall Street investment bank Stifel analyst Ruben Roy maintained a "Buy" rating and a $282 target price for NVIDIA (NVDA) ahead of the company's announcement of its fiscal 2027 Q2 earnings on August 26. Roy expects the company's quarterly results to exceed expectations and has raised subsequent guidance. Stifel stated that this earnings season continues to reinforce the logic of AI demand: cloud service providers have significantly increased capital expenditures, Foxconn's cloud network product revenue share has surpassed 50% for the first time, and annual AI rack shipments are expected to more than double. Supermicro's single-quarter new orders have exceeded $60 billion. Supply chain research indicates that even as Vera Rubin begins scaling up production, demand for GB300 is expected to remain strong through the first half of 2027. Stifel believes this reduces the risk of a "demand gap" during NVIDIA's product generational transitions. Regarding market concerns such as storage costs and competition in the AI inference sector, Stifel believes these impacts are more likely to affect gross margins rather than demand, and that related risks are already partially reflected in the current valuation.