10:54 AM EDT, 08/20/2025 (MT Newswires) -- Nvidia ( NVDA ) is likely to beat the midpoint of its fiscal Q2 revenue guidance of $45 billion by about $2 billion, Deutsche Bank said in an earnings preview Wednesday.

The bank said the company's revenue is also likely to be slightly ahead of Deutsche Bank and the consensus at about $46 billion because the continued ramp of Blackwell chips offsets any concerns related to China.

The chipmaker receiving a license to resume shipments to the Asian country should create upside to Deutsche Bank of $50 billion revenue in fiscal Q3, the bank said.

The bank also said it expects the company to continue to be very bullish in its outlook amid geopolitical tensions.

Deutsche Bank has a hold rating and $155 price target on Nvidia ( NVDA ), which is set to release quarterly results on Aug. 27.

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