Nvidia’s(NASDAQ:NVDA) B200 GPUs are selling faster than the company can make them. Wedbush’s Matt Bryson and Antoine Legault spent a couple of weeks in Asia and came back saying B200s are perpetually back-orderedeven though Nvidia is cranking up production.
Interestingly, they’re prioritizing GB200s for the likes of supercomputing outfits, cloud builders and sovereign data centers, which ties into Dell’s (NYSE:DELL) strong Q2 guide, Gigabyte’s recent sales bump and Wistron’s stellar May showing.
Meanwhile, standard servers are picking up steam too, and Advanced Micro Devices (NASDAQ:AMD) looks poised to win more CPU sockets in 2025, even if feedback on its MI350 accelerator is still trickling in.
On the storage front, things aren’t much less tight. There just aren’t enough heads being made, so both Western Digital and Seagate can keep boosting prices and padding their margins.
Wedbush reckons WD’s current PMR edge will pay dividends in the near term, but Seagate’s pivot to HAMR tech should give it the upper hand as we roll into 2026.
Bottom line: when GPUs and hard drives are in short supply, the companies that make them get to call the shotsand that’s Nvidia, WD and Seagate right now. If you’re watching the data-center space, these supply squeezes could mean continued upside for chip and storage stocksassuming, of course, that tariffs or other policy moves don’t shake up the party.
This article first appeared on GuruFocus.
