Vivek Arya has given his Buy rating due to a combination of factors that highlight Nvidia's potential for outperforming market expectations and maintaining a strong position in the AI accelerator market. Arya anticipates that Nvidia will likely surpass consensus estimates for the first quarter of 2025, with sales expected to exceed forecasts by 6%. Furthermore, gross margins are projected to peak in the first quarter, albeit with an anticipated decline in the second quarter, which reflects a normalization after experiencing a temporary increase. Arya's positive outlook is also supported by the potential for Nvidia's cloud capital expenditure to remain elevated, which could result in a significant upside to per-share earnings estimates for the fiscal year 2026.