** Nvidia 
NVDA this week unveiled its flagship AI chip – B200 Blackwell – along with new set of software tools and other hardware at its highly anticipated annual developer conference
** The heavyweight chipmaker said on Tuesday its new flagship AI processor is expected to ship later this year, while the company chases a data center market potentially greater than $250 billion
** NVDA shares down 0.1% at $892.66 premarket
NVIDIA’S “FULL STACK” AI ADVANTAGE
** Deutsche Bank (“hold”, PT: $850) says NVDA is clearly playing a holistic game by attacking the broader AI opportunity via silicon, hardware, systems, and ecosystem creation, and its efforts to address the whole system eclipse those of its more myopic chip-centric peers
** Brokerage adds NVDA is the “undisputed AI leader”, but also believes this view is adequately reflected in its already premium valuation
** Piper Sandler (“overweight”, PT: $1,050) says the Blackwell chip is an expansion of the already dominant market positioning of NVDA’s hardware offering
** Oppenheimer (“outperform”, PT: $1,100) says NVDA is best positioned in AI benefiting from full-stack AI hardware and software solutions
