Deep Tide TechFlow news: According to Tide Research, on July 7, a Bank of America research report reiterated its Buy rating on NVIDIA, with a target price of $350. The current price is $195.55, implying 79% upside. NVIDIA is currently trading at 15.7x the expected 2027 P/E, the lowest in seven years, and a 30–35% discount versus its technology peers. Bank of America believes the market is overestimating risks such as HBM cost pressure and competition from custom ASICs. Vera Rubin’s inference performance per watt is 10 times higher than Blackwell, and gross margin is expected to stay at 75%. NVIDIA’s sales to ultra-large-scale customers increased 115% year over year, nearly doubling the growth rate of cloud capex. Position crowding and $65 billion in ecosystem investment are risks, but they have been absorbed by the valuation.