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   Technology StocksNVIDIA Corporation (NVDA)


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From: Frank Sully5/13/2021 7:32:15 PM
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Korea Unveils $450 Billion Push for Global Chipmaking Crown

finance.yahoo.com

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From: Frank Sully5/19/2021 1:04:35 AM
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Google details new AI accelerator chips

venturebeat.com

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From: Frank Sully5/19/2021 4:10:57 PM
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Here’s How Google’s TPU v4 AI Chip Stacked Up in Training Tests

spectrum.ieee.org

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From: Frank Sully5/21/2021 9:51:20 AM
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Startup Tenstorrent aims to build A.I. chips that beat Nvidia’s best

Analysts are impressed with the early results, but warn there's a long way to go and many competitors, from major players like Nvidia, AMD, and Intel to Google and other startups such as Graphcore, SambaNova, and Groq. The market for specialized A.I. hardware reached almost $15 billion last year, dominated by Nvidia, and it's forecast to grow 20% annually to $31 billion by 2024, according to research firm IDC.

fortune.com

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From: Frank Sully5/21/2021 10:54:22 AM
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Nvidia Stock Pops On 4-For-1 Stock Split, Earnings Expectations

finance.yahoo.com

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From: Frank Sully5/21/2021 5:29:16 PM
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DiDi Chooses NVIDIA DRIVE for New Fleet of Self-Driving Robotaxis

Ride-hailing giant’s autonomous driving platform built on DRIVE is capable of up to 700 TOPS.

blogs.nvidia.com


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From: Frank Sully5/21/2021 5:36:17 PM
1 Recommendation   of 2441
 
From Gaming to Enterprise AI: Don’t Miss NVIDIA’s Computex 2021 Keynote

NVIDIA will deliver a double-barreled keynote packed with innovations in AI, the cloud, data centers and gaming at Computex 2021 in Taiwan, on June 1.

NVIDIA’s Jeff Fisher, senior vice president of GeForce gaming products, will discuss how NVIDIA is addressing the explosive growth in worldwide gaming. And Manuvir Das, head of enterprise computing at the company, will talk about democratizing AI to put more AI capabilities within reach of more enterprises.

Hosted by the Taiwan External Trade and Development Council, Computex has long been one of the world’s largest enterprise and consumer trade shows. Alongside its partners, NVIDIA has introduced a host of innovations at Computex over the years.

This year’s show will be both live and digital, giving technology enthusiasts around the world an opportunity to watch. You can tune in to the keynote, titled “The Transformational Power of Accelerated Computing, from Gaming to the Enterprise Data Center,” from our event landing page, or from our YouTube channel starting at 1 p.m. Taiwan time on June 1 (10 p.m. Pacific time on May 31).

Besides the keynote, NVIDIA will hold three talks at Computex forums.

Ali Kani, vice president and general manager of automotive at NVIDIA, will talk about “Transforming the Transportation Industry with AI” at the Future Car Forum on June 1, from 11 a.m. to 1 p.m. Taiwan time.

Jerry Chen, NVIDIA’s head of global business development for manufacturing and industrials, will discuss “The Promise of Digital Transformation: How AI-Infused Industrial Systems Are Rising to Meet the Challenges” at the AIoT Forum on June 2, at 11 a.m. Taiwan time.

And Richard Kerris, head of worldwide developer relations and general manager of NVIDIA Omniverse, will deliver a talk on the topic of “The Metaverse Begins: NVIDIA Omniverse and a Future of Shared Worlds,” on June 3 from 2:30 to 3 p.m. Taiwan time.

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From: Frank Sully5/24/2021 1:04:50 PM
1 Recommendation   of 2441
 
Nvidia Rises as Wall Street Expects Upside in Earnings Report
Graphics-chip giant Nvidia traded higher Monday ahead of its first-quarter earnings report, set for Wednesday.
Vidhi Choudhary1 hour ago
Nvidia ( NVDA) - Get Report shares were higher on Monday, with Wall Street analysts expecting a strong earnings report during the worldwide semiconductor shortage.

Shares of the Santa Clara, Calif., company at last check rose 4.3% to $625.41.

Morgan Stanley analysts Joseph Moore, Craig Hettenbach and Ethan Puritz said in a note published Monday that they expect "a strong quarter for NVIDIA especially in gaming; data center strength will be key."

"Expectations are very high, given that the company already preannounced that there will be upside to the April quarter," they said.

"Revenue in gaming is completely supply constrained, with channel inventory remaining very lean. That should point to multiple quarters of strong shipments, as when supply does catch up to demand there will likely be substantial channel fill,"

Earnings and Stock Splits: Can Nvidia Hit New Highs?

What could get in the way? The firm said "sustainability risk is somewhat elevated due to the cryptocurrency impact."

"The strength in Ethereum mining is a slightly complicating factor; we have estimated that there is close to $500 million per quarter in revenue from miners in the last quarter, including $150 million or so in crypto specialty product," the analysts wrote.

"This revenue should slow meaningfully if currencies remain at the current price; with sharp decreases in Ethereum pricing, mining is still profitable but the payback on a new graphics card is above two months, so we would expect to see the exuberance fade a bit."

Morgan Stanley expects April quarter sales of $5.3 billion and July quarter sales of $5.48 billion.

Analysts at Credit Suisse said that Nvidia "continues to find new vectors of IP monetization in highly visible, profitable, installed base focused, recurring software which could be about 20% of revenue by 2025, driving multiple expansion."

Credit Suisse analysts John Pitzer and Jerome Darling rate Nvidia outperform with a $700 price target.

On May 21, the semiconductor maker declared a 4-for-1 stock split.

TheStreet Founder Jim Cramer said the fact that Nvidia's stock went up after the split just shows that "there are too many individual investors involved who will eventually realize that I paid up for something that didn't really move the stock, but the stock could finish unchanged."

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From: Frank Sully5/25/2021 11:47:08 AM
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Nvidia: Gamers Before Miners

TipRanks
Thu, May 20, 2021, 8:15 PM· 2 min read

Anyone new to the crypto sphere received a freezing cold bath this week as the whole space from Bitcoin downwards went through one of its terrifying swoons. The freefall kicked off after Elon Musk said Tesla will no longer accept Bitcoin as a form of payment due to the huge energy resources required to mine it and accelerated from there.Crypto mining was also high on the agenda this week at Nvidia ( NVDA), but for an entirely different reason. The crypto gold rush has caused a huge uptick in demand for Nvidia’s GPUs which are used for mining Ethereum and other cryptocurrencies. This has caused massive shortages for gamers – Nvidia’s core customers – who have found it increasingly difficult to get their hands on the graphics cards.

Nvidia has made it clear where its priorities lie. After announcing in February that all new 3060 mid-range graphics cards would come with a feature that would drop the Ethereum hash rate, the GPU giant has now announced it will slash the hash rate in the latest 3080, 3070, and 3060 Ti cards, making them less desirable for miners. The cards are expected to hit the stores at the end of May.

So, what does this all mean for investors, specifically, those who have been worried that a drop in the price of Ethereum will see a big sell-off of cards, which will flood the secondhand market, creating excess supply?

Raymond James’ Chris Caso thinks there are two implications to consider from the announced change.

“First, it will significantly reduce demand from miners for new NVDA 30-series cards. That will move shift demand from mining to gaming,” the 5-star analyst said. “But secondly, we think it will significantly reduce the risk of miners selling their used cards. That’s because only 3080 and 3070 cards manufactured before May will be very valuable to miners, and there will be no new supply coming onto the market (except for the mining-specific CMP cards sold to large miners, which is expected to represent $50 million in 1Q revenue).”

Taking all of this into consideration, Caso stays with the bulls. The analyst rates NVDA a Strong Buy along with a $750 price target. Investors could be sitting on gains of 28%, should the target be met over the following months. (To watch Caso’s track record, click here)

Overall, Nvidia has most of Wall Street’s analyst corps on its side. Out of 27 recent reviews, 2 recommend to Hold, while all the rest say Buy, naturally culminating in a Strong Buy consensus rating. In the year ahead, the shares are anticipated to add 21% of muscle, considering the average price target stands at $680.20. ( See Nvidia stock analysis on TipRanks)



To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

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From: Frank Sully5/25/2021 2:57:33 PM
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Nvidia FQ1 Earnings Preview: Data Center to take center stage amid supply shortage for gaming sector

seekingalpha.com

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