Nvidia still the best AI chip play right now: Analyst

Nvidia News

Nvidia still the best AI chip play right now: Analyst
Quarter Earnings Report
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 63 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Shares of Nvidia (NVDA) are up over 160% year-to-date, and with the chipmaker's second quarter earnings report due out on Wednesday, August 28, the company...

) are up over 160% year-to-date, and with the chipmaker's second quarter earnings report due out on Wednesday, August 28, the company has another opportunity to see some major stock movements. Is now the time to buy into Nvidia or will the stock peter out after it recovered from early August sell-offs?

At what point do you start to get a little bit more worried about the impact that it could have on NVIDIA?Yeah, that it's a good question, but there's no simple answer to that question as you can imagine. But uh at this point, all of our discussions with supply chain participants listening to conference calls through, like I said, the June quarter earnings period would suggest that Blackwell is on track to ship in some significant volume as we look out into the first quarter of 2025.

You know, we're, we're thinking that NVIDIA is gonna do close to $30 billion in data center uh revenue in October.But we do think again that the profitability of the company will continue to grow up and exact and, and um, and, and drive the e valuation, as you mentioned, Brad. Farhan Asif, who ran a web publication, was arrested in the eastern Pakistani city of Lahore and charged last week by the country's Federal Investigation Agency -- Regency Centers has announced the commencement of Oakley Shops at Laurel Fields , a new Safeway-anchored ground-up development in Oakley, CA. Oakley Shops will include approximately 79,000-square-feet of retail and marks Regency’s first development in the Northern California submarket.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Quarter Earnings Report

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What this analyst is looking for in Nvidia earnings next weekWhat this analyst is looking for in Nvidia earnings next weekNvidia (NVDA) is gearing up to release its second quarter earnings results next Wednesday, August 28; however, analysts at KeyBanc reiterated their...
Read more »

Nvidia stock: Now is the time to scoop it up, analyst saysNvidia stock: Now is the time to scoop it up, analyst saysNvidia (NVDA) has fallen from its heights in June with the overall tech sector taking a bit of a hit in the recent market sell-off. Is it a buying...
Read more »

Nvidia’s second-quarter sales likely to double, even a slight miss may hurt sharesNvidia’s second-quarter sales likely to double, even a slight miss may hurt sharesNvidia is expected to have recorded a year-over-year jump of about 112% in second-quarter revenue to $28.68-billion, according to LSEG data as of Aug. 23
Read more »

Nvidia Q2 sales likely to double, even a slight miss may hurt sharesNvidia Q2 sales likely to double, even a slight miss may hurt sharesNvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. A beat or a miss on Wall Street expectations could either stoke...
Read more »

Nvidia stock surges as chip stocks lead market reboundNvidia stock surges as chip stocks lead market reboundNvidia shares rallied Thursday with the broader markets after an attempted rebound
Read more »

Nvidia shares tank as 'Magnificent 7' stocks lose more than $650 billion in market capNvidia shares tank as 'Magnificent 7' stocks lose more than $650 billion in market capNvidia led the Magnificent 7 stocks lower Monday as the group suffered a $650 billion market valuation wipeout.
Read more »



Render Time: 2025-02-13 18:38:13