Nvidia

Nvidia (NASDAQ:NVDA) had revenue of $6.05 billion in Q4 2023, versus analyst expectations of $6.02 billion

Nvidia (NASDAQ:NVDA) had revenue of $6.05 billion in the fourth quarter of 2023, versus analyst expectations of $6.02 billion. Data center revenue for the fourth quarter of 2023 was $3.62 billion versus an expected $3.86 billion. Game revenue for the fourth quarter of 2023 was $1.83 billion, versus $1.60 billion. Revenue for the first quarter of 2024 is expected to be plus or minus 2% to $6.50 billion.

Nvidia (NASDAQ:NVDA) had revenue of $6.05 billion in Q4 2023, versus analyst expectations of $6.02 billion Read Post »

Bank of America: Nvidia (NASDAQ:NVDA) will benefit from the generative AI race with a price increase to $255

Bank of America analyst Vivek Arya raised its price target on Nvidia (NASDAQ:NVDA) to $255 from $215 and maintained a “buy” rating. Nvidia’s full-stack acceleration chips, systems, software and developers put it in a unique lead in the emerging generative artificial intelligence (AI) race, the analyst said. Bank of America’s new model predicts that NVIDIA’s sales and earnings per share will grow at compound annual growth rates of 25% and 34%, respectively, through 2027, as the adoption of generative AI triples the addressable market size for AI accelerators.

Bank of America: Nvidia (NASDAQ:NVDA) will benefit from the generative AI race with a price increase to $255 Read Post »

NVIDIA (NYSE:NVDA) stock price trend forecast and market analysis-2022.12.28

NVIDIA Corp. (NASDAQ: NVDA) stock price trend forecast and market analysis: 2022.12.28 From the stock chart analysis, the stock price has continued to fall recently, and has fallen below the 60-day moving average. Whether the short-term is a repeated oscillation around the 60-day moving average is more likely, but the medium-term and long-term stock price pressure is obvious, and the probability that the stock price will continue to fall to the previous low of $109 is higher. The short-term recommended buy price is above $135, the stop loss price is $135, the price target is $150, and the expected volatility range is between $135 and $150. Medium and long term holdings are not recommended. From Analysis from financial statements, Q3 2023 achieved revenue of $5.931 billion, expected $5.771 billion, YoY-17%, net income attributable to common shareholders of $680 million, expected $1.029 billion, YoY-72%, EPS $0.27, expected $0.41. Quarterly dividend of

NVIDIA (NYSE:NVDA) stock price trend forecast and market analysis-2022.12.28 Read Post »

Graphics card destocking began to show results Nvidia and AMD Some products rebounded in December

According to statistics, in December, NVIDIA RTX30 high-end products have no inventory, the low-end version has an average increase of 3%, AMD RX6000 series graphics card prices have also rebounded by an average of 5%, coupled with NVIDIA RTX40, AMD RX7000 series new products have been released one after another, motherboard manufacturers are expected to gradually get rid of the bottom of operation.

Graphics card destocking began to show results Nvidia and AMD Some products rebounded in December Read Post »

Scroll to Top