UBS has raised its revenue expectations for Nvidia, forecasting $9 billion in Blackwell revenue for the fourth quarter of 2025, up from a previous estimate of $5 billion. The firm maintains a Buy rating on Nvidia shares, with a price target of $185. UBS also anticipates total revenue for Nvidia to reach approximately $42 billion for the fourth quarter, surpassing the consensus estimate of $38 billion. Looking ahead, the firm projects first-quarter revenue of $47 billion, exceeding the consensus of $42.1 billion. UBS attributes the increased forecast to supply chain capacity that could support up to $14 billion in Blackwell revenue for the quarter.