Nvidia ( NASDAQ:NVDA ) l ooks set to pull in $9 billion from its Blackwell chip lineup in Q4 (January 2025), well above UBS's earlier estimate of $5 billion.

Analyst Timothy Arcuri points to better chipset yields and a quick shift from Hopper to Blackwell, driving stronger-than-expected sales. Arcuri also highlights major progress on hardware issues, with Nvidia now shipping B200 and GB200 processors to partners and ramping up rack shipments, backed by Foxconn's latest update.

UBS still expects $42 billion in total Q4 revenue, with $38 billion from data centers, and sees $47 billion for Q1 (April 2025). While Blackwell demand keeps climbing, Hopper's momentum looks weaker. Even with the higher Blackwell forecast, UBS holds firm on its $185 price target and overall estimates.

As of 09:18:39 AM ET, pre-market trading shows the stock at $138.85, up 0.83%, reflecting continued investor optimism. , reflecting growing optimism around the company's AI-driven future.

This article first appeared on GuruFocus .