Nvidia (NVDA) released its first quarter results, surpassing analysts' estimates on both revenue and profitability. However, with Nvidia's rapid growth...
whether the company's performance can be sustained. Synovus Trust Vice President and Senior Portfolio Manager Dan Morgan joins Catalysts to discuss his outlook on Nvidia .However, he notes that the company's earnings report, coupled with upbeat second quarter revenue guidance,"gives me the indication that there is no slowdown in terms of order growth."Morgan states that he doesn't anticipate a rollout until the fourth quarter.
That's a good question and and a lot of the indications that we have have shown they've already built out the supply chain for Blackwell. So I'm sure there'll be a massive influx in the fourth quarter of customers who want to up especially to the Grace Blackwell 200 which is supposedly the fastest chip that they create.But I think right now they're preparing and getting that supply chain ready to go so that they can meet that demand in the fourth quarter.Seeking a reliable income stream for your TFSA? Consider this sustainable high-yielding dividend payer.
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