Nvidia (NVDA) / Jensen Huang 02 (Jul 23 - Dec 26)

[behappyalways]

At 40x trail 12m sales, 25x fwd sales, Nvidia is highest valuation stock of any stock in top 500

https://twitter.com/JeremyDSchwartz/sta ... 7221016593

[winston]

not vested

China's internet giants order $5 billion of Nvidia chips to power AI ambitions

by Kanjyik Ghosh and Stephen Nellis

Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the U.S. chipmaker to be delivered this year.

The Chinese groups had also purchased a further $4 billion worth of graphics processing units to be delivered in 2024.

Source: FT

https://finance.yahoo.com/news/chinas-i ... 56659.html

[behappyalways]

$NVDA will decide the collective fate of all life on Earth
https://twitter.com/Mayhem4Markets/stat ... 2973190150

[winston]

not vested

Nvidia announced its 2Q24 results that beat its own guidance and consensus estimates.

Revenue doubled YoY to US$13.5bn, beating its own guidance of US$11bn and analyst estimates of US$11.2bn.

The strong revenue growth was mainly driven by the 171% YoY jump in its Data Centre segment revenue to US$10.32bn.

Net income also jumped to US$6.19bn from just US$656mn in 2Q23.

Adding to the strong results, Nvidia also issued another very strong guidance for 3Q24 where it is expecting an overall revenue of US$16bn, suggesting a 170% YoY growth that blows out analysts' estimates of US$12.6bn.

Given the strong demand for its products, the company’s CFO also said that Nvidia would not be immediately affected if the US government decides to pose additional export restrictions.

Source: Phillips

[behappyalways]

Nvidia tops estimates and says sales will jump 170% this quarter, driven by demand for AI chips
https://www.cnbc.com/2023/08/23/nvidia- ... -2024.html

[behappyalways]

Nvidia is worth $240 per share, says NYU's Aswath Damodaran
https://m.youtube.com/watch?v=Niot3kuJLEA

[winston]

not vested

Nvidia - Stock Analyst Research
Target Price* 645.00
Recommendation BUY

NVIDIA Corporation - Market monopoly = blowout results and guidance

2Q24 results exceeded expectations. 2Q24 revenue/PATMI at 54%/63% of our FY24e forecasts.

2Q24 PATMI spiked by 8-fold YoY.

Revenue doubled and beat guidance due to Data Centre sales nearly tripling YoY.

3Q24 guidance of a 170% YoY jump in overall revenue driven by continued strong demand for accelerated computing server products, with demand visibility extending into next year.

Gaming returns to positive YoY growth, while ProViz continues its YoY decline. Automotive saw QoQ decline as it faces lower demand from China OEMs.

We increase our FY24e revenue/PATMI by 35%/69% to account for the stronger-than-expected growth in Data Centre business.

We upgrade from ACCUMULATE to a BUY rating with an increased target price of US$645.00 (prev. US$440.00), with a WACC of 6.8%, and a terminal growth rate of 4.5%.

Source: Phillips

https://www.poems.com.sg/stock-research/NVDA/#

[behappyalways]

Pt.2 Huida is not afraid of AI fever, only afraid of China coming up!

'23.08.29【豐富│東南西北龍鳳配】Pt.2 輝達不怕AI退燒，只怕中國上來！

https://m.youtube.com/watch?v=z7IQAJXxlJQ

[behappyalways]

*NVIDIA'S $5B OF CHINA ORDERS AT RISK DUE TO US CURBS: WSJ
https://twitter.com/zerohedge/status/17 ... 4216778851

[behappyalways]

Nvidia plans to release three new chips for China - analysts
https://www.reuters.com/technology/nvid ... 023-11-09/