Wedbush: Nvidia's Vera CPU Could Expand Beyond x86

A Wedbush analyst believes Nvidia's (NVDA) upcoming Vera CPU could expand beyond the x86 architecture, strengthening the company's push into networking and general-purpose compute markets.

Rating Change

The report did not indicate a change in Wedbush's rating for Nvidia stock, but raised the price target to $150 (from $130 previously).

Analyst's Rationale

The analyst believes the Vera CPU, expected to launch in 2026, will enable Nvidia to compete strongly in the data center market beyond AI acceleration. He sees Vera as a potential competitive alternative to Intel and AMD's x86 processors for general-purpose computing tasks, opening a new $30 billion market.

Context

The forecast follows Nvidia's announcement of Vera at GTC 2025. The stock has risen about 12% year-to-date, outperforming both AMD and INTC. Other analysts, such as those from Morgan Stanley and Goldman Sachs, have buy ratings on the stock with price targets ranging from $140 to $160.

What We Conclude

Despite the optimism, it is still early to judge Vera's success in the x86 market, given Intel and AMD's long dominance. Investors are watching for early adoption indicators.