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I've analyzed the latest 10-K and Q3 earnings. Here is the updated valuation model for NVIDIA.

NVIDIA Corp.

NASDAQ: NVDA • Semiconductor

Overweight

Fair Value

$1,250.00

+15% Upside

Conviction

High

9.2/10 Score

Investment Thesis

Data Center Dominance

H100 demand outstripping supply through 2025.

Margin Expansion

Gross margins projected to hit 75% in Q4.

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