Nvidia's 'secret sauce' isn't just its chips, strategist says

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2 ай бұрын

Nvidia (NVDA) is scheduled to report fiscal first-quarter earnings results after the market's closing bell on Wednesday, May 22. All eyes are on the chip maker as Wall Street analysts expect its latest figures could be the next big 2024 market catalyst.
Niles Investment Management Founder and Portfolio Manager Dan Niles joins Josh Lipton on Yahoo Finance's Asking for a Trend to talk about the trajectory of Nvidia's stock going into this earnings print - up already 98% year-to-date - and the timeline of its new Blackwell GPU.
"And if you think about the prior quarter, expectations were sky-high going into that as well and the stock still rallied about 16% after the print," Niles says. "Today was interesting in that you got a headline that I would have thought would have knocked the stock down, which was Amazon Web Services confirming through a spokesperson that they were taking some of the orders they had for the current generation of chips and moving those to the next generation of chips coming out called Blackwell, which comes out later this year."
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Пікірлер: 44

@nicolasbenson009

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in 2024 with the markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

@jimpoppleton2863

Amazon says it has not halted any Nvidia chip orders, but has instead decided to purchase the company's newer state-of-the-art chip for an upcoming supercomputer project between the companies. So not Hopper H100, but Blackwell B200! So much for the FUD.

@alex772350

Share split coming soon 👀📈

@YesCivic-R

Very good point on CUDA, most importantly the whole ecosystem in placed including memory, network, cooling system, SSD, any byte moving to and from the GPU end to end are in placed. Any other systems competing it is just piecemeal need fine turing to fit together without bottleneck. It would take 1/2 decade to achive the optimal point.

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@DG-2323

I feel like what he's really said here is that this is a stock you buy the big pullbacks on over the next 5-10 years and it will deliver incredible returns.

@foxdie2486

Why he blinking like that

@rahhjur

Dan Niles isn't even making sense, he seems bearish on the stock while still saying Nvidia's revenues will probably 4X in the next few years. What other company is valued at Nvidia's 30-40X forward earnings and expected to 4X revenue. Apple is valued at 30X earnings and their earnings have been stagnant for 3 whole years.

@AYANAYAN__420

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The reason I got revux is because I believe decentralization is more important than anything else.

@marcelorachevsky8944

Nice!

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FOMO kicking in as Revux partners with more and more merchants. Bullish!

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Forget the rest, Revux is where it's at. Potential moonshot!

@anand13

Why are you comparing Cisco volatility when it’s market cap in even relative terms was nothing compared to Nvidia

@user-hx1sp2zu6p

Comparing AI hype to internet is a gross mistake. AI is nowhere near Internet. Internet hype path was very clear from the get go and very straight forward. AI is a lot of fuggazzziiii

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OZEMPIC IS BETTER

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