Micron's earnings showcased the strong demand for AI semiconductor solutions.In today's video, I discuss recent updates affecting Nvidia (NVDA 2.50%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 18, 2024. The video was published on Dec. 18, 2024. ...

One of the best-performing and most-discussed stocks of 2024 – the semiconductor giant Nvidia (NASDAQ: NVDA) – has hit a rough patch in recent trading. Specifically, after climbing to highs near $150, NVDA shares crashed to their press time price of $130.28.In fact, the decline has been so significant that Nvidia stock is, at press time on December 20, 0.38% in the red in the six-month chart. NVDA stock 6-month price chart. Source: GoogleOne Wall Street analyst, GJL Research’s Gordon Johnson – otherwise bes ...

The European Commission approved Nvidia’s proposed acquisition of Run:ai Thursday (Dec. 19), saying that it did so unconditionally and that the transaction would raise no competition concerns in the European Economic Area (EEA).The case had been referred to the Commission in September by the Italian competition authority, which asked the Commission to determine whether the proposed acquisition would affect competition in the EEA, the Commission said in a Thursday press release.Nvidia designs and supplies gr ...

Nvidia's Revenue Growth - Nvidia's revenues grew nearly 3x over the last 12 months, driven by increased demand for GPUs in AI tasks [1] - Recent quarterly sales growth was 122%, but there are signs of cooling growth, with potential declines in medium-term sales [1] - Consensus estimates project FY'25 revenues to double to $129 billion, but growth could slow to 10% over the next two years, reaching $165 billion by FY'27 [5] AI Training Demand and Competition - AI model training, a major driver of Nvidia's GPU demand, may slow due to diminishing incremental performance gains and limited high-quality data availability [2] - The AI landscape is shifting towards inference, which is less computationally intensive and could open opportunities for competitors like AMD and Intel [3] - Microsoft, Nvidia's largest GPU customer, is no longer supply-constrained, indicating easing demand for GPUs [4] Margins and Valuation - Nvidia's net income margins improved from 25% in FY'19 to 49% in FY'24, driven by economies of scale and a favorable product mix [6] - Margins could decline to 35% due to mounting competition from AMD, Intel, and big tech players like Google and Amazon [13] - If revenue growth slows to 1.2x and margins contract to 35%, net income could decline by 15% by 2027, impacting Nvidia's P/E multiple [7] Stock Volatility and Downside Risk - Nvidia's stock has been highly volatile, with annual returns of 125% in 2021, -50% in 2022, and 239% in 2023 [7] - A combination of slower growth, margin contraction, and a shrinking P/E multiple could lead to a 50% decline in stock price to around $65 [1][7] Supply-Demand Dynamics - The supply-demand mismatch in GPUs is easing, with Nvidia potentially facing pricing pressures or slower sales growth as supply catches up [12] - Large customers may rethink inventory requirements, further impacting Nvidia's sales [12]

Shares of Nvidia are starting to pull back, which may be a sign the market is thinking about the stock differently.Nvidia (NVDA 1.37%) has been riding the tailwinds of AI for two years, but going into 2025 the company may be facing headwinds that could continue the stock's downward trend. In this video, Travis Hoium explains what may come next.*Stock prices used were end-of-day prices of Dec. 18, 2024. The video was published on Dec. 19, 2024. ...

The U.S. presidential election has proven to be a positive catalyst for the stock market. Since Nov. 5, the S&P 500 has risen by 5% as of Monday. But one stock that hasn't been doing well since then is Nvidia (NVDA 1.37%), which has gone in the opposite direction, declining by more than 6%.It's unusual territory for Nvidia to be in, as it has been among the hottest growth stocks to own, especially in recent years. Are its recent struggles a sign that it has finally hit a peak?A strong earnings report may no ...

收盘价 目标价 潜在涨幅 美元 128.91 美元 170.00 +31.9% 英伟达 (NVDA US) 长期仍然占据加速计算芯片支配地位，首予买入。对于近期出现的 ASIC 挑战 英伟达市场份额的讨论，我们认为，ASIC vs. GPU 的比较，归根结底是芯片效 率和通用性拓展性的经典的工程平衡问题。我们测算，英伟达 2025 年仍有 望占据超过 87%的全球 AI 加速芯片市场，而且在相当长的时间内（至少到 2027 年），英伟达市场份额将保持在 80%以上。随着大模型算法演进变缓， 叠加推理任务比例增加，ASIC 的市场份额或有所增加。当算法相对稳定时， ASIC 无论在获取成本还是运营成本上，都应强于 GPU，但我们认为，ASIC 对 于 AMD 等 GPU 行业跟随者的影响或大于英伟达。我们认为 ASIC 解决方案的市 占率会有所提高，但过程或是缓慢渐进的。历史来看，考虑到开发复杂性， CSP 委托芯片厂商开发算法周期或长于现在英伟达每年更新的产品周期。同 时，大模型算法仍在不断演进，会提高开发 ASIC 解决方案的难度，由于各家 CSP 都需定制，使得 ASIC 解决方案的拓展性值得进一步观察。 ...

Key Points Industry and Company Involved - **Industry**: Server power supply, specifically NV server OCP ORV3 power supply - **Companies**: - **Tatung Electric**: Manufacturer of server power supplies, collaborating with NVIDIA - **Opticon**: Manufacturer facing thermal issues with their 3KW platform upgrade to 5.5KW - **Lead Wealth (BYD Electronics)**: Claims to offer complete solutions including power supplies, cables, liquid cooling, and integrated cabinets - **Flex (Wencor)**: Focused on BBU and DCDC, collaborating with Musashi - **McGregor Milltimeter**: Currently undergoing testing at OEMs, potentially replacing Opticon - **NVIDIA**: Designer of the OCP ORV3 power supply architecture Core Views and Arguments - **Tatung Electric**: Currently experiencing high demand for server power supply orders, cautiously expanding production due to concerns about the sustainability of NVIDIA's orders [2]. - **Opticon**: Facing significant thermal issues with their 3KW platform upgrade to 5.5KW, potentially leading to loss of orders [2]. - **Lead Wealth (BYD Electronics)**: Offers complete solutions but has not yet passed NVIDIA's certification [2]. - **Flex (Wencor)**: No significant progress reported on AC-DC, focusing on BBU and DCDC [2]. - **McGregor Milltimeter**: Showing potential to replace Opticon, with plans to start small-scale shipments in the first quarter of the year [2]. - **NVIDIA**: OCP ORV3 power supply architecture aims to improve data center efficiency, flexibility, and scalability [4]. Other Important Content - **CRPS vs. OCP ORV3 Power Supplies**: CRPS power supplies are redundant and have higher power output, while OCP ORV3 power supplies are designed for higher efficiency and flexibility [4]. - **Market Space for NVIDIA GB200 Server AC-DC Power Supply in 2025**: Estimated at 3.36 million power supplies [5]. - **McGregor Milltimeter's Production Capacity**: Currently has a 40 billion yuan production capacity, with plans to expand to 120 billion yuan with a new facility in Thailand [3].

I built a strong position in NVIDIA (NASDAQ: NVDA ) when the most prominent generative AI tool so far (ChatGPT) was first introduced to the mass public (at the end of 2022). Since then, I've been very bullish on NVIDIA and have regularly addedWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s ...

Shares of Nvidia (NVDA -1.14%) are up 170% in 2024 (at the time of this writing). The monster year comes on the heels of an even bigger 2023 that saw the stock rocket up nearly 240%. All told, shares of the artificial intelligence (AI) juggernaut are up more than 900% since its low in late 2022. Given this incredible performance, is it too late to buy?Far from it. There are all kinds of reasons I could give for why Nvidia will continue to beat the market, but for my money, the biggest reason is simple: Dema ...