"Nvidia's Strong Q4 Performance and Future Outlook Drive Analysts' Optimism"

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Source: Seeking Alpha
"Nvidia's Strong Q4 Performance and Future Outlook Drive Analysts' Optimism"
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TL;DR Summary

Susquehanna raised Nvidia's price target ahead of its Q4 earnings report, expecting strong results and guidance driven by solid data center GPU demand, particularly in AI. Analysts estimate Q4 earnings of $4.56 per share on $20.33B in revenue. The ramp of Nvidia's H100 GPUs to large customers and confidence in supply increase through the year provide optimism for Q1 guidance, despite potential mixed performance in gaming and automotive segments. Additionally, Nvidia has reportedly partnered with SoftBank to establish global AI processing standards using mobile network base stations.

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