SemiAnalysis: Bullish on NVIDIA’s performance in the second half; Rubin’s ramp-up to drive data center business growth

BlockBeats, June 30: Semiconductor and AI research firm SemiAnalysis stated that NVIDIA is expected to see significant growth in the second half of this year. According to the SemiAnalysis Accelerator Model forecast, NVIDIA’s data center compute (DC Compute) revenue in the second half of fiscal year 2027 (2H FY2027) will be 20% higher than the market consensus estimate.

The Rubin platform, which was previously delayed due to issues related to HBM4, is now expected to begin a large-scale ramp-up in the second half of this year as those issues are resolved and front-end wafer production capacity improves.

Unlike some sell-side analysts, who tend to set relatively conservative earnings forecasts to make it easier for companies to “beat expectations,” SemiAnalysis bases its forecasts on in-depth research covering the entire supply chain, including materials, wafer manufacturing, components, server OEMs, and the latest developments at hyperscalers and leading AI labs. Its insights on NVIDIA and AI chip companies such as Broadcom, AMD, MediaTek, and Marvell are incorporated into its Accelerator Model and HBM Model.