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Nvidia Corporation

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finance1 year ago

"Nvidia's Valuation and Stock Split: What Investors Should Consider"

Investment management firm Jackson Peak Capital had a successful Q4 2023 with a net return of +9.9% and featured NVIDIA Corporation (NASDAQ:NVDA) in its investor letter, expressing confidence in the data center infrastructure buildout and AI chips arms race. NVIDIA Corporation (NASDAQ:NVDA) closed at $787.01 per share on February 27, 2024, with a one-month return of 25.37% and a market capitalization of $1.968 trillion. Despite some skepticism in the market, Jackson Peak Capital remains bullish on NVIDIA Corporation (NASDAQ:NVDA) and continues to see value in AI semiconductor companies, although the stock was held by fewer hedge fund portfolios at the end of Q4 2023.

via Yahoo Finance|
#finance#hedge-funds#investment-management
finance1 year ago

"Nvidia's Stock Price: Analyzing the Future Amid Market Gains and AI Chip Shifts"

NVIDIA Corporation's stock price has surged, trading close to its 52-week high, leading to questions about whether it's still a bargain. Analysis suggests that the stock is currently expensive based on its price-to-earnings ratio compared to the industry average, indicating potential overvaluation. While the company's future earnings are expected to double, shareholders may consider selling if they believe the stock should trade below its current price, while potential investors may want to wait for a price drop. It's important to consider the risks and other factors before making any investment decisions.

via Yahoo Finance|
#finance#future-outlook#nasdaqnvda
finance1 year ago

"Asia-Pacific Stocks React to Rate Cues and Nvidia's Influence"

Most Asian stocks retreated as risk sentiment wavered ahead of more cues from the Federal Reserve and key earnings from NVIDIA Corporation, while Chinese markets saw extended gains following a bigger-than-expected interest rate cut by the People’s Bank of China. Wall Street indexes closed lower, with futures falling in Asian trade as uncertainty ahead of chipmaker Nvidia’s quarterly earnings triggered profit-taking in the technology sector. Japanese and Australian stocks fell, while Chinese stocks rose on positive travel figures and the interest rate cut. The technology sector remained skittish ahead of Nvidia's earnings, with South Korea's market also experiencing losses in heavyweight tech stocks.

via Investing.com|
#asian-stocks#china#federal-reserve
finance1 year ago

"Top 5 Metaverse and VR Stocks for February 2024"

The global metaverse market is expected to grow significantly, reaching $1,402.5 billion by 2032, driven by advancements in VR, AR, blockchain, and cloud computing. The gaming industry, particularly companies like Epic Games, Roblox, and Microsoft, is poised to play a pivotal role in the metaverse's growth. Major players in the metaverse stocks include Microsoft Corporation, Amazon.com, Inc., and NVIDIA Corporation. Other notable stocks in the metaverse space are PayPal Holdings, Inc., Broadcom Inc., The Walt Disney Company, Taiwan Semiconductor Manufacturing Company Limited, Alibaba Group Holding Limited, Advanced Micro Devices, Inc., Adobe Inc., and Apple Inc.

via Yahoo Finance|
#amazoncom#finance#inc
finance2 years ago

"NVIDIA Corporation (NVDA): A Tripled Year-To-Date Must-Have Stock for Long-Term Investors"

NVIDIA Corporation (NVDA) shares have nearly tripled year-to-date, driven by unprecedented growth in demand for its data center chips. The Baron Opportunity Fund highlighted NVIDIA as a leading semiconductor company that sells chips and software for accelerated computing and gaming. NVIDIA reported revenue of $13.5 billion in the second quarter and guided for another increase in the third quarter to $16 billion. The company is at the forefront of a new era of computing, with its CEO stating that the world is transitioning from general-purpose computing to accelerated computing and generative AI. NVIDIA is currently in the 17th position on the list of 30 most popular stocks among hedge funds.

via Yahoo Finance|
#accelerated-computing#baron-opportunity-fund#data-center-chips
finance2 years ago

"NVIDIA Corp. (NVDA) Dominates Q3 with Impressive Performance"

NVIDIA Corporation (NASDAQ:NVDA) outperformed the market in Q3 due to its leadership in visual computing and accelerated computing, targeting gaming, professional visualization, data center, and automotive markets. The stock benefited from excitement surrounding the development of generative AI technologies and beat Street estimates by 23% on the top-line and 33% on the bottom-line. Hedge funds also showed strong interest in NVIDIA, with 175 portfolios holding the stock at the end of Q2.

via Yahoo Finance|
#finance#generative-ai-technologies#market-leader
business2 years ago

Nvidia's Dominance in Tech and Finance Continues to Grow.

Analysts have significantly upgraded their earnings and revenue estimates for NVIDIA Corporation, with revenue expected to improve by 66% and per-share earnings to shoot up by 221% by 2024. The stock has already risen by 25% to US$389 over the past week, and analysts have increased their price target for NVIDIA by 48% to US$426. The most optimistic analyst has a price target of US$600 per share, while the most pessimistic values it at US$206. The growth outlook for NVIDIA is brighter than the recent past, and the analysts expect NVIDIA to grow faster than the wider industry.

via Simply Wall St|
#analysts#business#earnings-forecasts