In my last article on Nvidia Corporation ( NVDA ), published in August 2025, I analyzed the company’s Q2 report and explored the key takeaways, with a special focus on China. I had upgraded my ratingAn independent investor in the Indian and US equity markets with a CFA Charter and a PhD in Finance from University of Durham, U.K. I hold an Honorary Associate Professor in Finance and Corporate Governance title at Brunel University London. I have a YouTube and a Podcast channel, titled The Stock Doctor,' where ...

Core Insights - The article discusses Nvidia Corporation's (NVDA) Q2 report and highlights the importance of the Chinese market in the company's performance [1]. Group 1: Company Analysis - Nvidia's Q2 report was analyzed with a focus on key takeaways, particularly regarding its operations in China [1]. - The author upgraded the rating for Nvidia based on the insights derived from the Q2 report [1]. Group 2: Author's Background - The author is an independent investor with a CFA Charter and a PhD in Finance from the University of Durham, U.K. [1]. - The author holds an Honorary Associate Professor title in Finance and Corporate Governance at Brunel University London [1]. - The author engages in quantitative research across various financial domains, including US equities and M&A, and has published in top-ranked peer-reviewed journals [1].

BREAKING: Futures Rise After Market Holiday Higher and higher they went, with shares of tech giants Amazon (AMZN), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Meta Platforms (META) and Oracle (ORCL) riding the excitement over artificial intelligence. But a rocky month for AI stocks spooked by fears of a bubble has triggered a shakeout among the hyperscalers. Google is surging and Amazon is bouncing back. But Microsoft stock has stumbled from October highs and Meta has slumped. Oracle has tumbled more ...

Group 1: Market Sentiment and Trends - Stocks are gaining momentum ahead of Thanksgiving, with bullish bets for 2026 increasing [1][2] - Kevin Hassett is emerging as the front-runner for the next Fed Chair, contributing to market optimism [16][19] - Investors are shifting towards more defensive corners of the equity markets amid ongoing competition [2] Group 2: Company Earnings and Performance - Deere's fiscal outlook for 2025 fell short of expectations, leading to a 4% drop in shares [3][11] - The company expects net income to decline over 10% next year, indicating a prolonged downturn in the North American agricultural sector [12] - NVIDIA shares have seen a significant decline of over 14% this month, but are experiencing a slight rebound [4][55] Group 3: Competitive Landscape in Technology - NVIDIA faces new competition from Google's TPU chips, raising concerns about its market share and investor sentiment [4][6] - Despite competition, many analysts still believe NVIDIA will remain a dominant player in the AI market [7][8] - Companies connected to Alphabet, like Broadcom, are performing well, while those tied to NVIDIA are struggling [9][10] Group 4: Economic Indicators and Consumer Behavior - The U.S. economy is expected to see moderate growth, with fiscal stimulus and a neutral Fed interest rate outlook [45] - Consumer confidence has dropped significantly, with 42 million Americans on food stamps, indicating a bifurcated consumer landscape [46][48] - Economic growth is primarily driven by middle and upper-income consumers, while lower-income consumers continue to face challenges [49][50] Group 5: Regulatory and Policy Implications - The potential nomination of Kevin Hassett as Fed Chair has raised questions about the independence of the Fed, but market reactions have been positive [18][22] - The U.S. has negotiated significant Medicare drug price cuts, which could impact pharmaceutical companies and overall healthcare costs [32] - The U.K. budget unveiling faced a premature release of information, revealing a fiscal cushion increase driven by new taxes [34][36]

China's first ever domestic GPU maker, More Threads, is readying a public debut in Shanghai. Now, it was founded by former Nvidia employees now trying to take on the chip giant itself. Dear Drabosa has more in today's tech check.Uh, Deardra, this is all about GPUs and just what it can do in the domestic Chinese market. >> Yeah, and it's about a story I know we're going to talk to as well is securing China securing its own supply for Nvidia in particular. This could also be a two-front challenge.Google's TPU ...

Core Insights - The discussion revolves around the current market dynamics, particularly focusing on the impact of interest rates, the performance of tech stocks, and the overall market correction that is perceived as a regular occurrence rather than a panic situation [8][16][20]. Market Dynamics - The U.S. stock market is experiencing high correlation among stocks, leading to questions about the relevance of individual stocks and ETFs [9]. - Concerns about a potential "AI bubble" are prevalent, but the focus should be on portfolio performance rather than labeling market conditions [8][7]. - The current market correction is viewed as a necessary adjustment, with many stocks, including tech, undergoing significant declines [16][10]. Stock Performance - Notable declines in stocks such as Nike (NKE) down 9%, Uber (UBER) down over 11%, and UnitedHealth Group (UNH) down 14% are highlighted, while some AI-related stocks like Nvidia (NVDA) and Micron (MU) have shown resilience [12][13][14]. - The performance of Nvidia is particularly noted, with a decline of only 14%, suggesting that it is not as overheated as perceived [14]. Economic Indicators - Labor market data indicates rising unemployment, contributing to uncertainty about the Federal Reserve's trajectory and potential rate cuts [21][22]. - The discussion emphasizes the disconnect between market performance and fundamental economic indicators, suggesting that the market may not reflect the underlying economic realities [19][18]. Investment Strategies - A contrarian approach is recommended, focusing on undervalued real assets and companies with solid fundamentals, such as Brookfield (BAM) and VICI Properties (VICI) [28][42]. - Risk management is emphasized, with suggestions to limit exposure to high-risk stocks and consider defensive strategies, including cash positions and bond ladders [60][61][70]. Future Outlook - The potential for a recession is debated, with some analysts suggesting that current market conditions do not necessarily indicate an impending recession, despite consumer sentiment reflecting otherwise [37][34]. - The importance of understanding market dynamics and the role of interest rates in shaping investor behavior is highlighted, with a call for more education on risk management strategies [73][56].

Core Viewpoint - Nvidia is currently the world's most valuable company with a market capitalization of approximately $4.3 trillion, and analysts believe its growth potential could lead to a market cap of $20 trillion by 2030, representing a 360% upside from current levels [1][2]. Group 1: Revenue Growth and Market Potential - Nvidia's data center business generated $51.2 billion in revenue for the third quarter of fiscal 2026, indicating an annual run rate of about $200 billion [5]. - Analysts project that Nvidia's data center revenue will grow at a compound annual growth rate (CAGR) of 36% from 2025 to 2030, potentially reaching a run rate of $931 billion by the end of that period [5][6]. - The expected increase in AI infrastructure spending by hyperscalers is projected to be nearly $500 billion next year, reflecting over a 50% increase in capital expenditures [9]. Group 2: Market Share and Competitive Position - Nvidia currently captures about 50% of AI infrastructure spending and will need to increase its market share to approximately 60% to meet growth forecasts [12]. - The company has a significant order backlog of $307 billion, primarily from its Blackwell chips, upcoming Rubin GPUs, and data center services [14]. - Nvidia is expanding into new markets, including AI telecommunications through a strategic investment in Nokia, and collaborating with Intel for custom CPU designs [16]. Group 3: Industry Trends and Future Opportunities - McKinsey & Company forecasts a $7 trillion market opportunity for AI infrastructure over the next five years, with about $5 trillion allocated for AI workloads, indicating robust demand for Nvidia's GPUs [11][12]. - Emerging applications in robotics, agentic AI, and autonomous systems present additional market opportunities that are not fully accounted for in current forecasts [16]. - Nvidia's fabrication partner, Taiwan Semiconductor Manufacturing, is expanding production capacity, which should help alleviate supply chain issues and support Nvidia's growth [17].

Market Overview - U.S. equities continued to rise, with major indexes extending a multi-day winning streak, driven by optimism for a Federal Reserve interest rate cut in December and dovish economic data releases [1][8] - The Nasdaq Composite led the gains, climbing 1%, while the S&P 500 and Dow Jones Industrial Average rose 0.9% each, marking their fourth consecutive day of gains [2][3] Economic Indicators - Expectations for a 25-basis-point rate cut by the Federal Reserve in December are high, with probabilities around 80-85%, supported by weaker-than-expected economic data [3][6] - Recent economic data included a decline in September retail sales, a softer Producer Price Index (PPI), decreased consumer confidence, and a drop in private payrolls [3] Sector Performance - Technology stocks were the primary drivers of the market rally, with the "Magnificent Seven" technology stocks significantly contributing to the overall market performance [4] - The Health Care Select Sector SPDR and Consumer Discretionary Select SPDR also performed well, gaining 2.3% and 2.1% respectively, while the housing sector benefited from a decline in Treasury yields [4] Corporate News and Stock Highlights - Apple shares rose about 1% as it is expected to surpass Samsung in global smartphone shipments for the first time in 14 years [7] - Dell Technologies surged 6-6.4% after announcing record orders for its AI servers, indicating strong demand in the AI infrastructure space [11] - Advanced Micro Devices (AMD) rose approximately 3.5%, while Broadcom gained about 3% [11] - Nvidia experienced a significant drop of 2.6-3.9% on Tuesday but rebounded slightly on Wednesday, facing increased competition in the AI chip market [11] - Urban Outfitters soared between 10% and 12.1% after reporting stronger-than-expected quarterly results, while Workday sank 9% despite positive earnings [11] - Petco surged 19.8% after raising its fiscal year earnings outlook, and Robinhood Markets jumped 10.7% following plans to launch a futures and derivatives exchange [11]

Nvidia has been vocal in refuting budding criticisms, and there's debate over the merits of its communications strategy. ...

Nvidia (NVDA) shares are trading in green this morning after the company said its GPUs are “a generation ahead” of Google’s (GOOGL) tensor processing units (TPUs). The remarks arrive on the heels of media reports that Meta Platforms (META) is considering switching to Alphabet’s custom AI chips to power its data centers by 2027. More News from Barchart Despite today’s gain, Nvidia stock is down some 15% versus its year-to-date high set in late October. www.barchart.com Does Nvidia’s Reassurance Warrant ...