Nvidia 'Best Positioned' to Deal With Supply Constraints, Wedbush Says

11:09 AM EDT, 08/27/2026 (MT Newswires) -- Nvidia (NVDA) is "best positioned" to deal with supply constraints in the industry that limit growth, Wedbush said in a Thursday note. CEO Jensen Huang implied that unconstrained demand would underpin growth of about 100%, compared with the 70% it can supply, the report said, backing view that the bottleneck in the industry is procurement and not a lack of customer demand. Supply and capacity commitments increased to $279 billion from $119 billion, mostly due to new agreements related to memory, according to the note. The report also pointed to Nvidia's forecasts of gross margin down to 74% in fiscal Q3, hitting a low point of 71% to 72% in fiscal Q4, and then stabilizing at 72% to 73% in fiscal 2028, with price increases offsetting the impact of higher memory costs. Wedbush reiterated its outperform rating and raised its price target to $345 from $330. Price: 224.66, Change: +15.00, Percent Change: +7.15