NVIDIA Corporation (NVDA.US) target price soars to $200! Goldman Sachs Group, Inc. bets on better-than-expected earnings, three major puzzles await to be solved.

Before the release of the second quarter earnings of NVIDIA Corporation (NVDA.US), Goldman Sachs Group, Inc. released a research report, raising its target stock price from $185 to $200 and maintaining a "buy" rating. Analyst James Schneider stated that although market expectations for NVIDIA Corporation are already high, he still believes that the company is expected to deliver better-than-expected performance and raise guidance. The analyst emphasized that investors should focus on the performance guidance, with progress in the Chinese business and changes in profit margins potentially becoming key catalysts for stock price fluctuations. Focus on three key points Schneider wrote, "The three key points to focus on in this earnings conference call are," first, the production progress of the Blackwell chip in the second half of the year and the research and development progress of the next-generation Rubin chip architecture planned for release in 2026. The second key focus identified in the Goldman Sachs Group, Inc. report is the timeline for the H20 chip targeting the Chinese market. These export-compliant AI chips are expected to play a crucial role in assessing NVIDIA Corporation's business resilience in China. The third major focus is on the trend of gross profit margins, especially whether the company can release profit space by digesting H20 chip inventory. It is worth noting that NVIDIA Corporation's stock price has already increased by approximately 34% in 2025, so management needs to provide strong performance support to maintain the current valuation level. There is high anticipation in the market for this earnings report. FactSet surveys show that analysts generally expect NVIDIA Corporation to achieve $45.7 billion in revenue and earnings per share of $1.