During early morning trading on Tuesday, Eastern Time, NVIDIA's stock price surged approximately 3%, buoyed by brokerage firm Jefferies' designation of the company as a top pick and its projection that NVIDIA's profit margin could hit 80% this year. Analyst Brian Curtis of Jefferies included NVIDIA in the list of stocks with the "highest conviction," highlighting the ramping up of production capacity for the new generation of Blackwell chips as a pivotal factor. Curtis believes that the soaring demand for Blackwell chips will significantly propel profit margin expansion, forecasting that NVIDIA's gross margin will leap from the current 61% to 80%. This remarkable prediction, which is exceedingly rare in the hardware sector, underscores NVIDIA's formidable pricing power and dominant market position. Jefferies further noted that NVIDIA has evolved from a mere chip vendor to a comprehensive AI infrastructure provider, with customers eagerly acquiring its integrated hardware, software, and system solutions. As AI workloads intensify, ongoing software licensing and large-scale deployments are anticipated to further bolster NVIDIA's profitability.