Despite spending much of early 2025 on a stock market downtrend, Nvidia (NASDAQ: NVDA) continues to command investor confidence and optimism.The psychological momentum it boasts appears only logical, as the year-to-date (YTD) 11.44% drop to $118.94, despite its severity, remains dwarfed by the 900% rally between November 2022 and the end of 2024.NVDA stock YTD price chart. Source: FinboldHowever, the question of whether NVDA shares are a buy, sell, or hold in March 2025 is becoming increasingly pointed as t ...

Core Viewpoint - The semiconductor industry is experiencing heightened investor interest, particularly in the U.S. technology sector, but recent volatility may signal a shift due to new developments involving Taiwan Semiconductor Manufacturing [1] Group 1: Taiwan Semiconductor Manufacturing Developments - Taiwan Semiconductor Manufacturing (TSM) is in discussions with major industry players like Intel, AMD, and NVIDIA for a potential joint venture to create a significant foundry presence in the U.S. [2] - The joint venture proposal aims to align TSM with U.S. domestic supply chain initiatives, particularly under the current political climate [3] - TSM has committed to investing $165 billion in U.S. infrastructure to enhance semiconductor production, responding to geopolitical tensions and potential tariffs on Taiwanese exports [8] Group 2: Implications for Advanced Micro Devices - Advanced Micro Devices (AMD) is seen as a potential beneficiary of the joint venture, which could enhance its market position and investor sentiment [4][5] - AMD currently trades at 51% of its 52-week high, with a consensus price target of $155.8 per share, suggesting a potential upward trajectory as the joint venture gains traction [6] Group 3: Market Sentiment and Analyst Ratings - TSM's stock is currently rated as a Moderate Buy, with a price-to-book (P/B) ratio of 8.1x, indicating a premium valuation compared to the computer sector average of 6.0x [12] - Analysts from Barclays have set a valuation target of up to $255 per share for TSM, implying a potential rally of 44% from current levels [10] - Institutional investors have increased their holdings in TSM by 26.3%, reflecting bullish sentiment following the joint venture announcement [11]

Core Viewpoint - The Nasdaq Composite is experiencing a correction as investors are selling growth stocks due to concerns over tariffs, trade wars, and a potential economic slowdown, but long-term investments may yield significant returns [1] Group 1: Nvidia - Nvidia reported sales of $130.5 billion for the fiscal year ending January 26, more than double the previous year's $60.9 billion [3] - The company projects revenue of around $43 billion for the current quarter, a 65% increase from the previous year [4] - Nvidia trades at a forward P/E multiple of 26, which is only slightly above the average tech stock's forward P/E of 25, making it an attractive investment despite a recent 14% decline in stock price [5] Group 2: Amazon - Amazon has integrated AI into its operations, enhancing its online marketplace and logistics with robotics [6] - The company is launching an upgraded Alexa+ assistant for $19.99 per month, free for Prime members, and has invested $8 billion in AI company Anthropic [7] - With $33 billion in free cash flow reported in 2024, Amazon is well-positioned to invest in AI opportunities, trading at a forward P/E of 30 [8] Group 3: Advanced Micro Devices (AMD) - AMD has seen a 50% decline in stock value over the past 12 months, attributed to a slow rollout of AI chips and competitive concerns [9] - The company reported a 14% sales growth last year, totaling $25.8 billion, with potential for significant revenue growth in the future [11] - AMD trades at a forward P/E of 22, offering a lower-cost alternative to Nvidia's chips, but faces risks in proving its competitiveness in the AI chip market [10][11]

Core Viewpoint - Advanced Micro Devices (AMD) stock has experienced significant volatility in 2024, initially rallying 40% but subsequently declining despite strong earnings and product performance [1][2]. Group 1: Stock Performance - AMD stock started 2024 strong, increasing approximately 40% from January to March, but has since entered a downtrend [1]. - The stock dropped another 18.64% in 2025, reaching $98.28, one of its lowest prices since 2023 [2]. Group 2: Product and Market Position - AMD's new product lineup, particularly the RX 9000 series, is reportedly selling rapidly, contrasting with Nvidia's weaker GPU launch due to supply shortages [5]. - Growing partnerships with cloud providers like Microsoft and Alphabet are expected to enhance AMD's market share alongside the MI350/MI300X accelerators [6]. Group 3: Financial Outlook - DeepSeek's AI model assessed AMD's financials as having substantial momentum, with improving margins [7]. - Despite potential risks from supply chain disruptions and trade wars, these issues are viewed as temporary and manageable due to AMD's strong partnerships [8]. Group 4: Price Target and Future Projections - DeepSeek predicts AMD shares could rise to $135 by December 31, 2025, indicating a potential total rally of 37.36% for the year [9].

Core Viewpoint - Advanced Micro Devices (AMD) has faced significant challenges in the past year, with shares down 49% over the past 52 weeks, largely due to comparisons with NVIDIA, a leading competitor in the semiconductor industry [1] Business Segments - AMD's business is divided into several segments, with the data center segment being the largest and fastest-growing, while the client segment is the second-largest and second-fastest-growing [2] Market Opportunities - A potential PC refresh cycle in 2025 could significantly benefit AMD, allowing it to capture market share from Intel, especially as Microsoft ends support for Windows 10 [3][6] - IDC forecasts a 3.7% growth in total PC shipments in 2025, a notable increase from 1% growth in 2024, with commercial purchasers expected to drive this growth [7] Client Segment Performance - AMD's client segment focuses on CPUs for desktops and laptops, where it has increased its market share in desktop CPUs by over 7% to 27% and in laptops by over 3% to nearly 24% in 2024 [4][5] - AMD's latest processors are generally viewed as superior to Intel's, with performance gains of 7% to 22% compared to Intel's maximum gain of 9% [5] Revenue Contribution - The client segment generated $2.3 billion in revenue last quarter, accounting for approximately 30% of AMD's total revenue, indicating its importance but not as the main driver of the business [9] Future Outlook - Analysts have a 12-month stock price forecast for AMD at $155.83, representing a 57.15% upside potential, with expectations of a stronger performance in the client segment contingent on improvements in the data center segment [6][10]

Core Viewpoint - Nvidia has experienced significant stock price fluctuations, soaring over 170% in 2024 but facing challenges in 2025, with shares threatening to drop below $100 for the first time since August 2024 [1][3]. Stock Performance - Since the beginning of 2025, Nvidia's stock has declined by 13.55%, currently priced at $116.10, with only a 2.02% increase on the weekly chart despite some positive sessions [2]. - The stock has managed to stay above the critical $100 threshold, but there are concerns about a potential major downturn later in the year [3]. Financial Performance - In the latest quarter, Nvidia reported revenue of $39.33 billion, significantly higher than Intel's $14.26 billion and AMD's $7.66 billion, positioning it as the industry leader [6]. - However, Nvidia's current valuation of $2.8 trillion raises questions when compared to its peers, being 17 times larger than AMD and 31 times larger than Intel [6]. Competitive Landscape - Nvidia faces rising competition, particularly from Chinese companies, which have introduced advanced AI models and technologies that could threaten its market position [10][11]. - The emergence of DeepSeek's R1 model and a new quantum supercomputer from Chinese firms has intensified competition in the technology sector [11]. Operational Challenges - Nvidia's Blackwell assembly line has encountered issues affecting production yields and delivery timelines for major clients, which could impact its growth trajectory [8][9]. - Problems with approximately 0.5% of the new RTX 5090 and RTX 5070 Ti GPUs have been reported, although these issues are claimed to be resolved or not affecting flagship products [9]. Valuation Concerns - The disparity between Nvidia's valuation and its revenue suggests that a significant drop in stock price could occur, with estimates indicating a potential decline of up to 68.23% to a valuation of $896 billion if compared to AMD's valuation [16]. - Despite the challenges, a collapse greater than 50% is considered unlikely under dire circumstances [16].

Core Viewpoint - The recent sell-off in AI stocks presents a buying opportunity for investors, particularly in companies like Datadog and Advanced Micro Devices (AMD) that show significant upside potential amid market fluctuations [1][2][3]. Group 1: Datadog - Datadog is positioned to benefit from the increasing shift of businesses to cloud services and AI integrations, with an estimated upside of 82% according to analysts [4][5]. - The company has seen strong growth in "AI-native customers," which accounted for 6% of its annual recurring revenue in Q4, doubling from the previous year [6]. - Datadog's AI features, including its LLM observability service and the Bits AI assistant, enhance its value proposition, making its platform more accessible and useful for businesses utilizing AI [7][8]. - The stock trades at an enterprise-value-to-revenue multiple of about 13, which is relatively low considering its potential for 20% top-line growth in the coming years [9]. Group 2: Advanced Micro Devices (AMD) - AMD is expected to capture a larger share of the growing GPU market, with analysts projecting a 124% upside based on a price target of $225 [10][12]. - The company anticipates significant growth in its data center GPU market, potentially reaching $500 billion by 2028, with AMD aiming for a 10% market share [12][13]. - Despite recent sales declines, AMD's competitive x86 CPU chips are gaining market share, with over 50% share among its CPU data center customers [14]. - Analysts forecast 23% revenue growth for AMD this year, with expectations of 35% earnings growth by 2026, indicating strong growth potential at a reasonable valuation of 21 times forward earnings [15][16].

Group 1 - Oracle is expanding its AI infrastructure to meet increasing demand [1] - The discussion includes Nvidia and Advanced Micro Devices, highlighting their relevance in the AI sector [1] - Investors are encouraged by Oracle's earnings performance [1]

Economic Overview - The latest inflation report showed a year-over-year increase of 2.8% in February, with a month-over-month decrease of 0.2%, both better than economists' expectations of 2.9% and 0.3% respectively [4][5] - Core inflation, excluding food and energy, rose 3.1% year-over-year and 0.2% month-over-month, also lower than the expected 3.2% and 0.3% [5] Semiconductor Industry Developments - A potential collaboration among Nvidia, Broadcom, and Advanced Micro Devices, facilitated by TSMC, aims to operate Intel's foundry, with TSMC managing the factories while owning less than 50% of the joint venture [7] - The discussions were initiated by a request from President Donald Trump to assist Intel in its turnaround efforts, with any deal requiring approval from the Trump administration [8] - Intel reported a revenue decline of 2% in 2024 and a loss of $18.8 billion, marking its worst performance since 1986, highlighting its ongoing struggles [9][10] Market Reactions - Following the positive inflation news and potential collaboration, shares of Nvidia, Intel, TSMC, and Broadcom saw significant increases, with Nvidia rising 6.7%, Intel 4.2%, TSMC 3.7%, and Broadcom 3.7% [3][11] - The semiconductor companies are now trading at more attractive valuations, with forward earnings multiples of 30 for Broadcom, 26 for Nvidia, and 20 for TSMC, following a recent market downturn [12]

Market Overview - The Nasdaq Composite Index experienced a 4% drop on March 10, marking the worst one-day decline since fall 2022, which may be alarming for newer investors [1] Company Analysis: AMD - AMD has transformed into a diversified semiconductor company, designing chips for various applications including data centers and gaming systems [3] - Despite trailing behind Nvidia in the AI accelerator market and struggling in the gaming segment, AMD's financials are improving, with 80% of its business growing rapidly [4][6] - In Q4 2024, AMD reported revenue of $7.7 billion, a 24% year-over-year increase, with the data center segment experiencing a 69% revenue increase [5] - The client segment, which produces PC chips, accounted for about 30% of revenue and saw a 58% rise [5] - AMD's trailing P/E ratio is around 98, but the forward P/E ratio is about 21, indicating potential for recovery as the market recognizes AMD as a growth stock [7] Company Analysis: Roku - Roku's recovery story may seem less convincing compared to AMD, with the stock down 86% from its 2021 peak, raising concerns about profitability [8] - The shift from traditional TV to streaming continues to benefit Roku, which derives most of its revenue from advertising [9] - Roku's platform engagement is improving, with 90 million households on the platform, a 12% increase from last year, and streaming hours rising 18% [10] - In Q4 2024, Roku's revenue rose 22% year-over-year to $1.2 billion, with average revenue per user (ARPU) increasing by 4% to $41.92 [12] - Roku currently has no P/E ratio due to elusive profitability but trades at a low price-to-sales (P/S) ratio of 2.5, suggesting potential for stock recovery as ARPU growth continues [13]