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📰 Tech News Snippet #982 Goldman Sachs has reconfirmed its positive outlook on NVIDIA, underscoring its strong position in the tech market. Analyst Toshiya Hari has maintained his 'conviction buy' rating for NVIDIA, signaling confidence in the company's performance ahead of its earnings report. The price target has been firmly set at $135, reflecting bullish expectations. This reiteration of support comes as NVIDIA continues to lead in the semiconductor industry, driven by innovations in graphics processing and AI technology. Investors are keenly watching NVIDIA's strategic moves, aiming to capitalize on its tech-forward initiatives that fuel growth and market expansion. This endorsement from Goldman Sachs reassures the market of NVIDIA's potential to meet, if not exceed, forecasts. As the earnings report approaches, stakeholders remain attentive to NVIDIA's operational performance and earnings trajectory. By consistently adapting to current trends, NVIDIA strengthens its foothold in the fast-evolving tech market. Stay tuned for its upcoming earnings announcement, which could influence market sentiment and stock performance. #NVIDIA #TechNews #Investing #StockMarket #AI

Great article on the rise of NVIDIA from Bloomberg. Nvidia’s 591,078% Rally to Most Valuable Stock Came in Waves… The year was 1999. Steve Jobs had recently returned to lead Apple. Intel was the dominant force in semiconductors. And a little-known chipmaker named Nvidia made its debut on the Nasdaq stock exchange. It took less than three years for Nvidia Corp. to ascend into the S&P 500 — replacing the disgraced oil-trading conglomerate Enron, no less. But even then, few people would have bet that the company would go on to become the best performing stock of the last quarter-century, posting a total return of 591,078% since its initial public offering, including reinvested dividends. It’s a difficult number to comprehend and a testament, in part, to the financial mania brewing around artificial intelligence and how investors have come to see Nvidia — which makes the cutting-edge chips powering the technology — as the single-biggest winner of the boom. Read the full article: https://lnkd.in/gUFyb6hw #stocks #finance #technology #nvidia #amd #artificialintelligence #datacenter #cloudcomputing

The key focus is Nvidia earnings after the bell today. While profits have rapidly grown, the stock has actually become cheaper even with its surging share prices-- and that opens up a path to a rebound if results come in line with the very high expectations. Nvidia’s forward price-to-earnings ratio is only back to where it was before its last earnings report in November, and about a third lower than it was before the fourth-quarter earnings last year. Chart Source: Bloomberg Credits: Valentine Forsans - Investment Manager Equity at NOVUM CAPITAL PARTNERS SA #Nvidia #Earnings #StockMarket #Investing #Profits #PriceToEarnings #Expectations

🚀 Exciting news for AI investors! Arm Holdings stock is soaring after Nvidia's stellar earnings performance. 📈 Keep an eye on market movements! #AI #investing #Nvidia #ARM # Arm Holdings Shares Surge on Nvidia's Strong Earnings Report Shares of Arm Holdings Plc (ARM) are on the rise following the release of impressive fourth-quarter earnings by Nvidia Corporation (NVDA) on Wednesday. Nvidia exceeded expectations with non-GAAP earnings per share of $5.16, surpassing the estimated $4.64, and revenue of $22.1 billion, beating the forecast of $20.62 billion. Nvidia experienced a 22% quarter-over-quarter revenue increase and a remarkable 265% surge in revenue year-over-year. The company attributed this growth to rising demand for AI-related technologies across various industries and regions. Nvidia's CEO, Jensen Huang, cited accelerated computing and generative AI as factors driving this surge in demand. The positive momentum in semiconductor stocks, including Arm, can also be attributed to Nvidia's recent $147.3 million investment in Arm Holdings. Notably, Nvidia's previous attempt to acquire Arm in an $80 billion deal faced antitrust challenges and failed to materialize. Looking ahead, Wall Street analysts face challenges in predicting stock prices over longer timeframes, such as the ARM stock forecast for 2030. Utilizing trend analysis, analysts project an annualized stock performance of 14.18% for Arm Holdings over the past 5 years. If this trend persists, the stock could potentially trade at $263.39 in five years. *Published on February 22, 2024, 12:14 PM* Read the full article at: https://lnkd.in/geHCxg8K

📰 Tech News Snippet #634 NVIDIA's stock has once again captured the spotlight with an impressive rally, securing its place near an all-time high. This surge has left many investors questioning whether NVIDIA is still a wise investment at this elevated level. The latest rally reinforces NVIDIA's commanding role in industries like AI, gaming, and data centers. Their groundbreaking technology continues to drive significant growth, placing NVIDIA in an enviable position in the tech market. Yet, as stocks climb, so does the cautious sentiment among potential investors. Evaluating if NVIDIA is a good buy involves weighing its robust growth prospects against the current high valuation. Experts suggest closely monitoring market trends and NVIDIA's strategic moves in new technology fields. With AI and GPUs at the core, NVIDIA stands as a testament to innovation's power in propelling stock performance. Investors must consider if the company's future growth aligns with their investment strategy. As with any investment, thorough research and personal financial goals should guide your decisions. #NVIDIA #TechNews #Investing #StockMarket #AI

Traders in the US equity options market are betting Nvidia’s upcoming earnings report could spur a massive move in the shares of the world’s most dominant artificial intelligence chipmaker. Nvidia, up about 50 per cent this year, could see its shares swing by about 11 per cent in either direction following its quarterly results on February 21. That’s the largest expected move options traders have priced in ahead of Nvidia’s earnings over the last three years. NVIDIA #nvidia #earnings #artificialintelligence

The enthusiasm for all things AI is in full swing and reflected in the sectors and companies that help power the AI revolution such as semiconductor stocks. The shares of Arm Holdings PLC (Nasdaq: ARM) soared by almost 50% yesterday due to strong third quarter earnings that exceeded market expectations. Investors would be well served to ask whether ARM’s prospects are 50% better in one day due to one strong quarter. When putting valuation into context Arm’s forward P/E at close to 90x far surpasses those of chip titans Nvidia (33x) and AMD (46x). While Arm’s royalty model results in higher margins and minimal capex its valuation disparity versus its peers is likely unsustainable. Nvidia’s revenues are expected to grow by almost 120% from 2023 to 2024 while Arm’s implied annual revenue growth is just under 40% over the same period. https://lnkd.in/gqCgEXvk

📰 Tech News Snippet #583 NVIDIA CEO Jensen Huang recently faced a significant financial setback as his wealth plummeted by nearly $10 billion. Following a 9.5% drop in NVIDIA's stock, this marks Huang's most substantial wealth loss to date. The decline in NVIDIA's stock price has sparked widespread attention in the tech and investment communities. This sudden drop poses questions about the potential influences affecting one of the leading firms in AI and graphics technology. The dip could be attributed to various macroeconomic factors and market fluctuations that affect tech giants globally. Despite this setback, NVIDIA remains a powerhouse with a strong focus on innovation and growth in AI and data processing markets. Investors and analysts are closely watching how NVIDIA navigates these turbulent waters to regain its footing. The resilience of tech stocks like NVIDIA continues to be a focal point in understanding market dynamics. As the tech landscape evolves, staying informed on these developments is more crucial than ever for investors and enthusiasts alike. #NVIDIA #TechNews #Investing #StockMarket #AI

Nvidia's latest move is more than just a stock split. It's a clear signal. Tech giant Nvidia isn't just splitting its stock 10-for-one. This decision, announced in their first quarter earnings call, underscores the company's remarkable start to the year and its bullish outlook on the future of artificial intelligence and computer hardware. What does this mean for investors and the tech industry at large? For starters, it makes Nvidia's shares more accessible to a broader range of investors. This democratization of stock ownership could fuel further growth and drive up demand. Moreover, it's a testament to Nvidia's confidence in its ongoing and future projects. A company doesn't just decide on a stock split unless it's optimistic about its prospects and wants to share that optimism with its shareholders. This move is poised to make waves, not just in stock markets, but in how we perceive the valuation and accessibility of tech giants. Agree with Nvidia's strategy? I believe it's a smart play that speaks volumes about where the company sees itself in the tech ecosystem. [Link to the article] Thoughts? Check this out: https://lnkd.in/gedTU8tM

Nvidia share price falls 7% in 2 sessions; is the AI chipmaker's run as the - https://lnkd.in/gA_GRSD8 Shares of the semiconductor giant witnessed a sudden decline of 6.7 per cent on Nasdaq in the last two sessions, which erased its market capitalisation (mcap) by over $220 billion and dethroned it from the world’s top stock. On Friday, Nvidia’s market cap stood at $3.1 trillion,