Shares of Nvidia Corp (NASDAQ:NVDA) have stalled in recent months — but JPMorgan analyst Harlan Sur says the AI chipmaker's fundamentals are still accelerating. Despite massive hyperscaler spending and new product momentum, Nvidia’s stock has traded sideways (hovering around $187/share) since its last earnings report, setting the stage for what could be another beat-and-raise quarter.JPMorgan’s Sur said there is "little to suggest that NVDA will not (once again) deliver a beat-and-raise," pointing to strong ...

In a recent segment with CNBC, Wedbush analyst Dan Ives named Tesla (TSLA) and Nvidia (NVDA) as the top physical artificial intelligence (AI) plays in the world. In fact, Ives referred to Nvidia as the "Godfather of AI," claiming that no other firm comes close to its dominance in the AI ecosystem. The latest tech selloff has also hurt NVDA stock. This pullback could be a terrific opportunity to buy this outstanding AI stock at a discount. www.barchart.com Ives Calls Nvidia “The Backbone of the Compute La ...

Key Takeaways NVDA's Data Center revenues hit $51.22B in Q3 FY26, nearly 90% of sales, up 66% year over year.NVDA's Blackwell GB300 systems are shipping in volume, offering higher performance and energy efficiency.NVDA expects continued data center strength from cloud, sovereign AI and enterprise AI demand.NVIDIA Corporation’s (NVDA) Blackwell platform is becoming a key driver of its Data Center revenue growth. In the third quarter of fiscal 2026, the Data Center segment generated $51.22 billion in revenues ...

Production Growth - Bitdeer mined 526 bitcoin in November 2025, a 251% increase compared to the same period last year [1] - The production growth is attributed to the deployment of proprietary SEALMINER rigs, with a self-mining hashrate of 45.7 EH/s [1] Future Projections - The company expects to surpass 50 EH/s by the end of the year, joining other public miners with similar capacity [2] - Currently, Bitdeer has 34.3 EH/s of SEALMINER A2 model deployed and 3.3 EH/s in transit, along with 0.6 EH/s of the new A3 model deployed and 2.9 EH/s in transit [2] ASIC Chip Development - Bitdeer's SEAL04-1 chip demonstrated power efficiency of approximately 6-7 J/TH, with mass production targeted for Q1 2026 [3] - The SEAL04 chip's production was delayed, leading to a split in design and rollout into two batches: SEAL04-1 and SEAL-02 [3] High-Performance Computing Division - The high-performance computing division is on track to earn approximately $10 million in annual recurring revenue as of November, up from $8 million in October [4] - Expansion of AI infrastructure includes a new 2 megawatt data center in Malaysia, expected to launch by the end of 2025 [4] Data Center Expansion - The company is evaluating leasing opportunities for data centers in the U.S., including a 13 megawatt site in Wenatchee, Washington, and a 35 megawatt project in Knoxville, Tennessee [5] Setbacks - A localized setback occurred at Bitdeer's site in Massillon, Ohio, due to a fire, postponing the energization of approximately 26 megawatts [6] - The remaining 174 megawatts at the location are scheduled to come online in Q2 2026 [6]

Core Insights - NVIDIA Corporation (NVDA) is expected to report record revenues of over $54 billion for the third quarter of fiscal 2026, following a strong performance in the previous quarter where revenues reached $46.74 billion, a 56% year-over-year increase [1][2][5] Financial Performance - In the second quarter of fiscal 2026, NVIDIA's data center business generated $41.1 billion in revenues, marking a 56% increase from the previous year, driven by demand from hyperscalers and AI model developers [3][11] - The Zacks Consensus Estimate for third-quarter fiscal 2026 revenues is currently at $54.59 billion, indicating a year-over-year increase of 55.6% [5] Growth Drivers - The growth momentum is attributed to the booming data center business, which is benefiting from the global expansion of AI infrastructure [2] - The introduction of the Blackwell architecture and GB300 systems, which offer enhanced performance and energy efficiency, is central to NVIDIA's growth strategy [4][11] Competitive Landscape - NVIDIA faces competition from Advanced Micro Devices (AMD) and Intel Corporation (INTC) in the AI data center market, with AMD's MI300 series and Intel's Gaudi series of AI accelerators gaining traction [6][7][8] Valuation and Estimates - NVIDIA's shares have increased approximately 40.1% year-to-date, outperforming the Zacks Computer and Technology sector's gain of 24.3% [9] - The company trades at a forward price-to-earnings ratio of 32.26, higher than the sector average of 28.65 [12] - Earnings estimates for fiscal 2026 and 2027 have been revised upward, implying year-over-year increases of approximately 49.2% and 40%, respectively [15]

Core Insights - Nvidia's stock has surged nearly 70% in the past six months, reaching an all-time high of $195.30, driven by its dominant role in artificial intelligence and strong demand [1] - CEO Jensen Huang highlighted an unprecedented surge in AI-driven computing needs, marking the beginning of a new industrial revolution [2] - Nvidia's leadership in GPUs and AI networking positions it to capture a significant share of the projected $3 trillion to $4 trillion global AI infrastructure investment by the end of the decade [4] Investment and Partnerships - Nvidia announced a partnership with OpenAI to build 10 gigawatts of AI data centers, planning to invest up to $100 billion over time [5] - The first gigawatt of systems is expected to come online in late 2026, indicating a long-term commitment to AI infrastructure [5] Market Demand and Financial Performance - Nvidia's growth is not limited to any single region or customer, with strong global demand for its AI technology despite restricted sales to China [6] - In the most recent quarter, Nvidia's revenue reached record levels, with data center sales growing 56% year-over-year [7] - The Blackwell architecture has emerged as a key growth driver, with record revenues and a smooth transition to the GB300 systems, producing approximately 1,000 GB300 racks per week [7]

Core Insights - NVIDIA Corporation's data center business is the primary growth driver, achieving $41.1 billion in revenues for Q2 FY26, a 56% increase year-over-year, driven by demand from hyperscalers and AI model developers [1][10] - The Blackwell architecture, particularly the GB300 systems, is enhancing performance and energy efficiency, supporting complex AI workloads [2][10] - Management projects robust growth, with anticipated Q3 revenues of $54 billion and a consensus estimate for the data center unit at $48.88 billion, reflecting a 59% year-over-year increase [3][10] - The fiscal 2026 revenue consensus for the data center business is $182.12 billion, indicating a 58% increase year-over-year [4] Competitive Landscape - Advanced Micro Devices (AMD) is gaining traction with its MI300 series accelerators, appealing to cloud providers seeking alternatives to NVIDIA [5][6] - Intel is reestablishing its presence with the Gaudi series of AI accelerators, targeting enterprise clients with cost-effective solutions [7] Financial Performance - NVIDIA's shares have increased by approximately 40.8% year-to-date, outperforming the Zacks Computer and Technology sector's gain of 22.8% [8] - The forward price-to-earnings ratio for NVIDIA is 33.46, higher than the sector average of 29.27 [11] - Earnings estimates for fiscal 2026 and 2027 indicate year-over-year increases of approximately 48.8% and 39.3%, respectively, with upward revisions in the past 30 days [14]

Market Overview - Stocks initially fell due to concerns over a potential government shutdown but recovered significantly by the market close [1] - The S&P 500 gained 0.4%, the Nasdaq Composite rose 0.3%, and the Dow Jones Industrial Average closed 0.2% higher [7] Company Performances - CoreWeave, backed by Nvidia, saw a stock increase of 11.7% after securing a $14.2 billion long-term cloud deal with Meta [2][11] - Nvidia's stock rose 2.6%, reaching a 52-week high of $187.35, and it has joined the $4.5 trillion market cap club [10][11] - Pfizer's stock increased by 6.8%, indicating a strong performance in the healthcare sector [2][7] - Robinhood gained 4.7% following its recent entry into the S&P 500 [2] Sector Insights - The healthcare sector showed general gains, with multiple pharmaceutical companies performing well [2][7] - Nvidia's upcoming GPU Technology Conference is expected to be a positive catalyst for its stock, boosting analyst confidence [12]

Core Insights - NVIDIA's earnings call highlighted strong demand for GPUs, significant revenue growth from AI factories, and challenges related to the China market [1][2][17] GPU Demand - NVIDIA delivered 1,500 GB200 architectures in April and projects at least 5,000 units for Q2, with potential for over 10,000 units, indicating strong investor sentiment [3][5] - Major hyperscalers are deploying nearly 1,000 NVL 72 racks weekly, translating to 72,000 Blackwell GPUs, with Microsoft leading the charge [4][8] AI Factories - Datacenter revenue grew by 73%, driven by AI factory build-outs, with nearly 100 NVIDIA-powered AI factories launching this quarter, doubling from last year [6][16] - The average number of GPUs per AI factory has also doubled, showcasing increasing demand for NVIDIA's infrastructure [16] China Predicament - Jensen Huang emphasized the importance of the $50 billion AI market in China, arguing that U.S. export controls may hinder American technology leadership [17][18] - The U.S. policy may inadvertently strengthen Chinese chipmakers and innovation, as China continues to develop its AI capabilities independently [19][20] Future Outlook - NVIDIA is projected to achieve $500 billion in annual revenues over the next five years, with a compound annual growth rate of 38%, positioning it for potential $1 trillion sales by the 2030s [22][23]

Core Viewpoint - NVIDIA continues to solidify its leadership in the AI sector with significant announcements at the Computex 2025 conference, particularly the launch of NVLink Fusion, which enhances its competitive edge over rivals [1][12]. Group 1: Technology and Product Developments - NVLink Fusion technology allows NVIDIA GPUs to connect with third-party CPUs and ASICs, expanding options for AI infrastructure and creating new revenue streams [2][3]. - The RTX Pro Server has entered volume production, offering performance improvements of approximately 2x to 4x compared to the original H100 AI GPU [4]. - Upcoming product launches include the GB300 systems and advancements in the Grace Blackwell product line, along with the introduction of DGX Cloud Lepton, a SaaS service for AI developers [5]. Group 2: Financial Outlook and Analyst Sentiment - Analysts anticipate strong Q1 2025 results for NVIDIA, with revenue estimates raised due to new projects, including a collaboration with Foxconn to build an AI supercomputer in Taiwan [7][9]. - The 12-month stock price forecast for NVIDIA is set at $164.84, indicating a potential upside of 22.71% based on 44 analyst ratings [8]. - Despite previous price target reductions, the consensus remains a Moderate Buy, with expectations of price target increases following the Computex announcements [10][11]. Group 3: Market Position and Future Projections - NVIDIA's leadership in the AI industry is expected to continue for several years, with the stock trading at lower multiples compared to historical levels, suggesting potential for significant gains [12]. - Projections indicate that if NVIDIA performs as expected, the stock could rise by 100% to 200% over the next decade, trading at 24x to 36x its 2035 forecast [13].