Nvidia stock dipped immediately after the company released its latest financial results on Nov. 20, but that might be a golden buying opportunity.Nvidia (NVDA 0.54%) is the world's leading supplier of graphics processing units (GPUs) for data centers, which are used in the development of artificial intelligence (AI). Over the last two years alone, GPU sales have helped Nvidia add $3.2 trillion to its valuation.The company just reported results for the fiscal 2025 third quarter (ended Oct. 27) after the mark ...

Ken Griffin ranks 33rd on the Bloomberg Billionaires Index with a net worth exceeding $42 billion. He is also the founder and CEO of Citadel, the most profitable hedge fund in history as measured by net gains since inception. Those bona fides make Griffin a good source of inspiration, and retail investors can follow along with his trades by reviewing quarterly Forms 13F.Interestingly, while Nvidia (NVDA 0.54%) and Taiwan Semiconductor (TSM 1.53%) are both positioned to benefit from demand for artificial int ...

Nvidia (NVDA 0.54%) is one of the most-watched companies on the planet right now, thanks to its dominance in the hot growth area of artificial intelligence (AI). The tech giant holds an 80% share of the AI chip market, and this has translated into triple-digit revenue growth for its data center business quarter after quarter. That's why all eyes were on Nvidia this week when the company reported fiscal 2025 third-quarter figures.This market powerhouse once again surpassed analysts' estimates for revenue and ...

证券研究报告 | 2024年11月22日 英伟达(NVIDIA)（NVDA.O）FY25Q3 业绩点评 优于大市 业绩与指引稳健，预计四季度 Blackwell 交付积极 财务表现：需求保持高景气度，FY25Q3 财务表现及指引强劲。①整体： 英伟达三季度（均指财季，下同）收入 351 亿美元（同比+94%，环比+17%）， 高于公司此前325（±2%）亿美元指引。GAAP毛利率74.6%（同比+0.6pcts， 环比-0.5pcts）。营业利润同比+110%至 219 亿美元，GAAP 净利润同比 +109%至 193 亿美元。②分业务：数据中心营收 308 亿美元（同比+112%， 环比+17%），受益于对 Hopper 计算平台的需求强劲，游戏营收 33 亿美 元（同比+15%，环比+14%），专业可视化业务营收 4.86 亿美元（同比 +17%，环比+7%），汽车营收 4.49 亿美元（同比+72%，环比+30%）。③ 财务指引：对于 FY25Q3，公司营收指引为 375 亿美元（±2%）。GAAP 和 Non-GAAP 毛利率指引分别为 73.0%和 73.5%（±50 个基点）。GAAP 和 No ...

《科创板日报》11月22日讯 AI软件公司Snowflake（雪花）在公布财报后，收涨32.71%，涨幅为上市以来最高，远超市场预期，甚 至盖过了同样发布财报的英伟达风头。 Snowflake股价大涨带动了软件、网络安全概念和云等板块，MongoDB上涨12%，Elastic上涨6%，IBM 涨超3%，赛富时涨3%。 瑞穗分析师乔丹·克莱因对此表示，软件股的表现优于半导体股，这可能是未来几个月的趋势。 Snowflake是一家数据库公司，其自己定位为"人工智能数据云公司"，致力于为客户提供最简单、最具 成本效益的企业数据平台。 该公司周三晚上公布的财报显示，其第三季度业绩大幅超出分析师预期。具体而言，第三季度公司收入 达到9.42亿美元，高于预期的8.97亿美元。 Snowflake预计第四季度产品收入将介于9.06亿美元和9.11亿美元之间，这意味着年增长率约为23%。 Snowflake还上调了今年的产品收入预期，预计2025财年的产品收入将达到34.3亿美元，同比增长29%， 这比三个月前管理层给出的33.6亿美元的预测有所提高。 同时，Snowflake全年预期调整后营业利润率也上调至5%，高于8月份 ...

Nvidia delivers another blowout earnings report … Bitcoin approaches $100K … how zero-day options can explode your returnsThe age of AI is in full steam, propelling a global shift to NVIDIA computing.So says, Jensen Huang, founder and CEO of NVIDIA.After market close yesterday, the chip giant and poster child for AI investing provided another blowout earnings report. Earnings per share soared 111% from last year, and revenues jumped 94% over the same period.Back to Huang:AI is transforming every industry, c ...

财联社11月22日讯（编辑 刘蕊） 美东时间周三，英伟达发布了备受期待的第三季度财报。尽管这份财 报的收入和利润数据都超过了分析师的平均预期，但它没有达到最高的预期，并且其第四季度的收入指 引相对于分析师预期的领先幅度，比前几个季度要窄。这导致英伟达股价在周三盘后交易中大跌 5.5%。 尽管如此，华尔街还是对英伟达的这份财报总体反应积极，英伟达股价也在周四午后翻红，最后收涨 0.53%。华尔街上的20多家投资公司和机构纷纷上调目标价格，因为分析师们预计，随着英伟达下一代 Blackwell芯片的发布，销售热潮即将到来。 护城河已经稳固 摩根大通将英伟达的目标股价从155美元上调至170美元，强调该公司已经围绕其业务建立了一条巨大的 竞争护城河。 摩根大通分析师Harlan Sur写道："该团队凭借其硅/硬件/软件平台和强大的生态系统，继续保持领先竞 争对手1- 2步的优势。随着时间的推移，该团队将保持推出新产品的积极节奏，并做出更多的产品细 分，这些都将正进一步拉开距离。" 高盛预计英伟达明年的营收将超过2000亿美元，因此将其目标股价从150美元上调至165美元。 就连此前因估值担忧而将英伟达评级为"中性" ...

Investment Rating - The report does not provide a specific investment rating for NVIDIA (NVDA US) [1][4] Core Views - NVIDIA's FY3Q25 revenue reached $35.1 billion, exceeding the guidance midpoint of $32.5 billion and the forecast of $33.9 billion [1] - Data center revenue was $30.8 billion, up 17% QoQ and 112% YoY [1] - FY4Q25 revenue guidance is $37.5 billion (+/- 2%), which is $5 billion higher than the previous quarter's guidance [1] - Non-GAAP gross margin for FY4Q25 is guided at 73.5% (+/- 50 bps) [1] - Blackwell has started shipping in FY4Q25, with management maintaining the forecast of "billions" in revenue for the quarter [2] - Gross margin is expected to dip to 70%+ before rebounding to around 75% as Blackwell shipments ramp up [2] - Hopper shipments in FY4Q25 are expected to remain higher than FY3Q25 [2] - Blackwell is predicted to surpass Hopper in shipments by FY2Q26 [2] - Management emphasized the importance of post-training scaling and inference time scaling, highlighting the role of reinforcement learning in improving model utility [2] Financial Forecasts - FY4Q25 revenue forecast is revised upward to $38.1 billion (previously $35.4 billion), with data center revenue expected at $34 billion [3] - FY26 (CY25) full-year revenue is projected at $190.9 billion [3] - Gross margin is expected to bottom at 71.9% in FY1Q26 and recover to 75.1% by FY4Q26 [3] - Adjusted EPS for 2025/2026 is forecasted at $2.95/$4.32 [3] Financial Data - FY3Q25 actual revenue was $35.1 billion, compared to guidance of $32.5 billion and a forecast of $33.9 billion [6] - Non-GAAP gross margin for FY3Q25 was 75%, in line with guidance [6] - FY4Q25 revenue guidance is $37.5 billion (+/- 2%), with a Non-GAAP gross margin of 73.5% (+/- 50 bps) [6] - FY26 revenue is projected at $190.9 billion, with a Non-GAAP gross margin of 73.6% [6] - Data center revenue for FY26 is forecasted at $173.4 billion [6] - Adjusted EPS for FY26 is projected at $4.32 [6] Industry Coverage - The report covers other companies in the tech industry, including SMIC (981 HK), AMD (AMD US), Maxscend (300782 CH), and Will Semiconductor (603501 CH), all with "Buy" ratings [7]

证券研究报告·海外公司点评·半导体 英伟达（NVDA） FY2025 三季报点评：H 系列支撑业绩持续高 增，期待 B 系列放量打开业绩新空间 2024 年 11 月 21 日 买入（维持） | --- | --- | --- | --- | --- | |-------------------------------|---------|--------------------------------|---------|---------| | [ 盈利预测与估值 Table_EPS] | FY2024A | FY2025E | FY2026E | FT2027E | | 营业总收入（百万美元） | | 60,922 130,951 186,716 214,723 | | | | 同比（ % ） | 126% | 115% | 43% | 15% | | 归母净利润（百万美元） | 29,760 | 69,079 | 100,500 | 118,056 | | 同比（ % ） | 581% | 132% | 45% | 17% | | Non-GAAP 净利润（百万美元） | | 32,312 71,87 ...

证券时报e公司讯，美股三大股指全线收涨，标普500指数涨0.53%，报5948.71点；道指涨1.06%，报 43870.35点；纳指涨0.03%，报18972.42点。 银行股集体上涨，能源股活跃，芯片股普涨。 大型科技股多数下跌，谷歌跌超4%，亚马逊跌逾2%，特斯拉跌0.7%，微软跌0.43%，脸书跌0.43%，苹 果跌0.21%；英伟达盘中创新高，收涨0.53%。 中概股多数下跌，纳斯达克中国金龙指数跌1%，亿航智能跌约13%，金山云跌超11%，拼多多跌逾 10%，爱奇艺跌逾7%，百度跌超5%。 涨幅方面，世纪互联涨超15%，亚玛芬体育涨逾13%。 ...