Nvidia: Dips (Buying Opportunity)NVIDIA’s stock is down approximately 8.5% overnight, reflecting a classic dynamic of “buy the rumor, sell the news” following CEO Jensen Huang’s keynote at CES 2025.
While showcasing a range of innovative advancements, the keynote failed to meet elevated market expectations, particularly with no mention of the next-generation Rubin GPU architecture expected to succeed the Blackwell platform.
Key Takeaways from CES 2025:
Blackwell-Based GeForce RTX 50-Series Launch
NVIDIA introduced the GeForce RTX 50-series, the next evolution in consumer GPUs built on the Blackwell architecture. Pricing for the flagship RTX 5090 was announced at $1,999, alongside a more accessible RTX 5070 at $549. These GPUs are projected to deliver performance improvements to retain NVIDIA's dominance in the gaming segment.
Strategic Push in AI
NVIDIA unveiled its Cosmos Platform, enabling the development of autonomous systems with synthetic training data, and introduced Agentic AI Blueprints targeting enterprise process automation. These initiatives reinforce NVIDIA’s strategy to capture value in the AI development ecosystem beyond hardware.
Expanding the Automotive Business
Partnerships with Toyota and Aurora were announced, leveraging NVIDIA’s DriveOS platform to power next-generation autonomous vehicles. Automotive remains a promising area of diversification for the company, though it is still a smaller contributor to revenue compared to core AI and gaming segments.
Project DIGITS: High-End AI Computing
NVIDIA announced the DIGITS platform, a high-performance PC targeted at AI researchers, priced at $3,000. By enabling local execution of AI models with up to 200 billion parameters, this product may appeal to research labs and enterprises looking to reduce reliance on cloud-based AI infrastructure.
Market Reaction
The absence of information on Rubin—widely anticipated as NVIDIA’s next breakthrough in GPU architecture—has disappointed investors.
This, coupled with a valuation near record highs, has triggered profit-taking.
While the overnight decline represents NVIDIA’s sharpest pullback since September 2024, this sell-off can be seen as consistent with its high-multiple growth profile and the market's tendency to reprice near key events.
NVIDIA's long-term outlook is still very strong, with continued leadership in gaming GPUs, AI infrastructure, and emerging automotive and edge computing segments.
For long-term investors, this pullback could present a compelling entry point, particularly as part of a dollar-cost averaging strategy.
Search in ideas for "NVIDIA"
NVIDIA ($NVDA) Future of AI-Enabled DevicesNVIDIA ( NASDAQ:NVDA ) appears to be on an impressive trajectory, bolstered by the recent unveiling of its GeForce RTX 40 SUPER Series GPUs at CES 2024. These graphic processing units, built on the Ada Lovelace architecture, promise a significant leap in AI-powered PC experiences. The GPUs boast remarkable capabilities, with up to 52 shader TFLOPS, 121 RT TFLOPS, and 836 AI TOPS, setting new standards in gaming realism and AI-enhanced experiences.
The introduction of these AI-powered chips aligns well with the emerging demand for AI-enabled PCs. Despite recent challenges in the PC market, including declining demand and economic uncertainties, NVIDIA's forward-thinking approach positions it to capitalize on the growing opportunities in the AI PC segment. PC manufacturers like HP Inc. and Dell Technologies are also gearing up to roll out AI PCs, anticipating a recovery in the PC market in 2024.
NVIDIA's transformative technology goes beyond gaming, extending across various sectors such as deep learning inference, generative AI applications, and productivity tools like Adobe Photoshop. The RTX 40 SUPER series chips, equipped with specialized AI Tensor Cores, represent a monumental leap in AI capabilities for PCs, promising users transformative AI experiences.
The technical analysis further supports the positive outlook for NVIDIA. The stock is in a rising trend channel, indicating positive development and increasing buy interest among investors. The recent breakout through resistance levels and the positive signal from the rectangle formation suggest a potential further rise in stock price.
In summary, NVIDIA's strategic focus on cutting-edge AI chips, its readiness to meet the demand for AI-enabled PCs, and the positive technical indicators make it a compelling investment opportunity. The company's commitment to innovation positions it well in the evolving landscape of AI-centric computing, making NVIDIA an attractive choice for investors seeking growth in the technology sector.
NVIDIA on the Move: Key Levels to Watch! NVIDIA’s setting up for some action: we’re looking at a run to $143.60, but if we break through, we could be cruising up to the $150–$153 range! On the flip side, if we slip below $129.72, brace yourself—$117 could be on deck. Let’s keep it simple and see how it plays out!"
Easy Breakdown for the Trade
Current Target: $143.60
Right now, NVIDIA’s aiming at $143.60. If buyers keep stepping in, this is the first level we’re likely to hit. Think of it as the “first checkpoint” for our bullish move.
The Bullish Range: $150–$153
Breaking past $143.60 could open up a fresh wave of momentum. If we get through this level with some energy, then NVIDIA could quickly head up to the $150–$153 range. This is the zone where we’d see if buyers are still strong, so keep it on your radar if we reach it.
Critical Support at $129.72
Now, here’s the key to the downside. $129.72 is the level holding NVIDIA up right now. If we lose this support, it’s a signal that sellers have taken control. This could mean a strong dip is in the works.
Downside Target: $117
If we break $129.72, the next realistic target to the downside is $117. It’s a significant drop, but definitely within range if support doesn’t hold.
Trading Tip
Mark your levels and watch for those breaks! $143.60 is our short-term target, and if we clear it, we’re looking up to $150–$153. But if NVIDIA slips below $129.72, $117 becomes a real possibility. Keep it flexible, and trade the levels!
Mindbloome Trading / Kris
Mindbloome Exchange
NVIDIA This is the final call for $240.NVIDIA corporation (NVDA) has been trading within a Channel Up for the past 2 years and just last Monday it made contact with its bottom (Higher Lows trend-line). As long as the 1D MA200 (orange trend-line) remains intact, the bullish trend will be maintained.
On top of that, the price action has just completed a pattern, which in the last two times we saw it (Q3 2024 and Q4 2023), it initiated a rally. With the Channel's Bullish Legs being at least of a +86.50% increase, we expect NVIDIA to target at least $240 by May.
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NVIDIA: Higher Timeframe Bullish Construction in Play!NVIDIA is showing a bullish uptrend construction, with key levels highlighted on the weekly chart.
The stock has dipped into the latest higher high level, finding support around $124.
The recent range has retraced 16% from the top, reflecting a healthy pullback within an uptrend.
If the $124 support level holds, there is potential for a higher timeframe bullish impulse targeting the $160 range, which aligns with the previous impulse that drove the stock to the $128 higher high.
📈 Trade Idea:
Monitor price action around $124 for signs of support, such as volume increases or bullish candlestick patterns.
Entry zone: Between $124 and $128, with stops placed below $124.
Targets:
TP1: $140 (mid-level resistance)
TP2: $160 (higher timeframe target)
🚨 Risk Management:
While the technical outlook leans bullish, it’s important to consider external factors or bearish triggers that could alter the setup.
🌟 Sentiment: Bullish
The structure on the weekly chart supports the idea of a continuation toward $160, provided the $124 support level remains intact.
Feedback and insights are welcome! Let’s discuss potential setups in the comments.
#NVIDIA #BullishTrend #StockAnalysis
Nvidia great potencial BUY ZONE in the next futureNvidia: 1W
Some data before arriving at the Support and entry point.
1) Split last summer
2) China will soon ban all non-Chinese softwares in their state-owned companies.
NVIDIA is one of the best companies on all Wall Street with a very important future and a market capitalization of around $ 0.5T.
Currently, the price has dropped 50% to its all-time high of $ 350.
Where the Market Cap was $ 1T.
Big profit taking finds:
2 maximum decreasing between:
1) $ 315
2) $ 280
The breaking of the SUPPORTS a
1) $ 230
2) $ 210
3) $ 188 on the yellow average (100 EMA).
However, we have a MAXIMUM SUPPORT in the price range of $ 155 - $ 138.
Where we find the average 200 (Blue line) and a series of highs that lasted like one year. (31 August 2020 - 24 May 2021)
Buy when it is low and sell when it is high.
In the price rotation we will undertake to evaluate massive buy orders, obviously depending on the situation of all Wall Street indices in general.
For info write to us in private
LPI.sa
Nvidia panic over?Nvidia has bounced back today after its recent 16% drop from a record high reached just last Thursday.
For the first time in three days, it has broken above a prior day’s high.
After finding good support from its 21-day exponential moving average around $120, and key support slightly lower at $118, today sees NVDA rise above Monday’s high of $124.45 to trade north of the $125 handle.
If Nvidia can hold onto its gains, ideally above Monday’s high, by the close of play today, then this will bode well for the rest of the week, boosting the appeal of the likes of Nasdaq 100. However, if the gains evaporate later on, then that would be a major warning sign for the bulls/longs.
But so far, it looks like it is resuming its long-term bullish trend after a bit of a pullback in recent days.
By Fawad Razaqzada, market analyst at FOREX.com
NVIDIA - A big tech leading indicator NVIDIA (NVDA)
- EARNINGS are reported TODAY after market close
- Expected Earnings 0.924 EPS (prior 0.88)
- Expected Revenue $6.532 bln (prior $6.051 bln)
- We are oversold on the weekly but could hit the
Cup & Handle ceiling before turning over.
- P/E ratio up from 57 in Oct 2022 to 175 in
May 2023...
- Price is 182% up from the Sept 2022 lows
- Pre Market is down @ $303 from $306.88
Being the tech sector sentiment leader, If NASDAQ:NVDA earnings are lower than expected today it could catalyze the next swing lower in tech. If positive we could revisit ATH but I would expect a rejection from this level. Based on all of the above a correction in price is the most probable outcome, this could start today or after revisiting $335 briefly.
Potential bullish long term view which includes a sharp rip downward at some stage followed by a repeat Fractal and cup and handle to drive shorts and longs insane, all whilst staying in the long term comfort channel. All of which can happen with todays earning being the cup and handle inflection point (A drive up to $335 and rejection followed by significant decline or we turn over here now).
NVIDIA (NVDA) "disaster zone" temporarily Nvidia, on the news, people talking, I figured I would share this post with this chart indicator to give them a view of what this indicator would look like using it on Nvidia. The image appears to tell a story that the price is falling. For the moment there is a strong conviction that the price is going to decline. After a split, like with apple, the price does go through a period when investors leave because the price is no longer as expensive. Some people like expensive things and after a stock split the price is not as expensive. There are those superficial investors who only like expensive things.
Nvidia: SlumpedNvidia dropped below the support level of $115.01. This development is in line with our primary view that the price is currently working on the magenta wave (2). This wave should lead to further sell-offs. However, please note our alternative scenario (27%) which assumes a higher wave alt. (III) top.
Nvidia Tech stock Giant - bottomed out Nvidia stock has fallen from 140$ sharply over last 2 weeks reached good support / demand zone. Even last year stock fell similar way by 20% and rallied almost 70% upside. We can expect similar bounce back this year as well near 100$.
I have marked the support zones with green arrow for easy reference (trendline support also available near by)
NVIDIA June 2022nvidia high was 326.76 - market has been tumbling for a while--- I think we are soon at a peak of inflation--the fed has been announcing that it should peak shortly---but their not giving any details as of yet----really unfortunate that putin controls- the markets just because of a war---they should of made russia pay their loans off first- not default on every loan--that makes the economy worse off --- than before war---everybody should know that much---even I know that.. I think you see a small decline in price---but then a rally--mid week-or thursday we should see higher highs than we are dealing with now---be nice to see this come back to 200.00 usd -- their are certain companies that I just admire for the name- and certain companies- that Ill always invest in because of how I imagine how the economy would be ran-- in the next 15-25 years---markets are crap now--- but yes--- I think it is a unique buying opportunity for everybody within each markets-crypto stocks bonds---but ill just say hedging is better than bonds---
NVIDIA's Bullish Channel Holds Strong: September 2024 ProgressNVIDIA Stock Analysis and Future Outlook: September 2024 Update
Overview:
NVIDIA (NVDA) continues to exhibit a robust upward trend, consistently trading within a rising channel. The stock's performance is supported by both strong technical signals and fundamental factors. NVIDIA has established itself as the leader in the AI hardware space, benefitting from surging demand for its GPUs across various industries such as data centers, gaming, and automotive. With a recent rally fueled by the conclusion of CEO Jensen Huang's planned stock sales, the outlook for NVDA remains bullish, although some short-term consolidation could be expected.
Price Predictions:
1. Short-Term (Next 1-3 Months):
- Given NVIDIA’s recent performance and the slight bearish crossover in the MACD, short-term consolidation is likely. The stock could pull back to test lower support levels near $120 or even $115, which are close to the moving averages and the lower boundary of the upward channel. This presents an opportunity for investors to enter positions at a potential discount.
- However, any positive news related to AI advancements or product launches could trigger another leg higher, pushing the stock back above the $130 mark in the short term. A retest of the upper channel resistance near $135-$140 is also possible, depending on market sentiment.
2. Mid-Term (3-6 Months):
- Over the next six months, NVIDIA's growth trajectory looks solid, bolstered by strong demand for its AI and gaming chips. Analysts expect the stock to retest its previous highs around $150-$160, particularly as NVIDIA continues to expand its market share in AI and gaming sectors.
- Continued strength in its Data Center division, along with strategic partnerships in cloud computing and AI, could see the stock pushing towards $170-$180, assuming no major external shocks or macroeconomic downturns.
3. Long-Term (12-24 Months):
- The long-term outlook for NVIDIA remains highly favorable. AI is expected to dominate various industries over the coming years, and NVIDIA is perfectly positioned to capitalize on this trend. Analysts have set price targets ranging from $200 to $250 over the next 18-24 months, contingent on the continued growth of its AI and Data Center businesses.
- Longer-term projections could see the stock moving well beyond $250 if NVIDIA’s innovations, particularly in autonomous driving, cloud computing, and AI-powered enterprise solutions, continue to thrive. The recent advancements in sovereign AI and Blackwell chip production further reinforce this bullish outlook.
Investment Strategies:
1. Short-Term Strategy:
- Buy on Dips: Given the stock's long-term bullish trend but potential short-term consolidation, short-term traders might look for opportunities to buy on dips around $115-$120. This range aligns with technical support levels and offers a solid risk-reward ratio.
- Watch Key Resistance Levels: If NVIDIA breaches $130 in the short term, momentum traders could look for further gains up to $135 or $140. However, caution is advised if the stock moves out of the channel or technical indicators suggest overbought conditions again.
2. Mid-Term Strategy:
- Hold for AI Growth: Investors with a 6-12 month horizon might consider holding onto their positions, as NVIDIA is expected to benefit significantly from growth in AI, gaming, and cloud computing. NVIDIA's revenue from AI-related applications is forecasted to grow rapidly, which should support stock price appreciation over time.
- Leverage AI Boom: Traders could focus on news surrounding NVIDIA’s AI applications, as new product announcements or partnerships in AI or autonomous driving could drive further upward price movements.
3. Long-Term Strategy:
- Accumulate for Long-Term Growth: Long-term investors should consider accumulating shares, particularly during pullbacks, with the expectation of significant growth over the next two years. NVIDIA's fundamentals remain strong, and its dominance in AI hardware positions it for continued outperformance in the tech sector.
- Diversify Risk: While the long-term outlook is positive, it's important to remain diversified. External risks like geopolitical tensions, regulatory changes, or economic slowdowns could affect NVIDIA’s growth trajectory. However, its current market leadership and innovation pipeline make it a strong candidate for long-term portfolios.
Risks and Challenges:
1. Geopolitical Risks: NVIDIA faces potential risks related to U.S. export restrictions on chips to certain countries, which could impact its revenue from international markets. Although the company has mitigated some of these risks through market diversification, any increase in geopolitical tensions or sanctions could create short-term headwinds for the stock.
2. Valuation Concerns: As a high-growth stock, NVIDIA trades at a premium valuation. Any earnings misses or lower-than-expected guidance could result in a sharper-than-expected correction. Investors should keep an eye on quarterly reports and forward guidance.
3. Macro Environment: Broader economic conditions, such as rising interest rates or declining consumer confidence, could affect NVIDIA’s performance. While AI demand may provide some insulation from broader market swings, macroeconomic factors still play a role in overall market sentiment.
Conclusion:
NVIDIA remains a strong stock for both short-term traders and long-term investors. Its leadership in AI, impressive financial results, and continued innovation make it a compelling growth story. While short-term volatility may arise due to market sentiment or broader economic conditions, the long-term outlook is bullish. Investors should use pullbacks as potential buying opportunities and stay informed of major product launches or geopolitical developments that could impact the stock’s trajectory.
has context menu
Nvidia is down 14% in Monday's Trading Entering Acquisition ZoneNvidia, a leading player in the semiconductor and AI sectors, has been making waves in 2024 with a series of strategic acquisitions. Despite facing increasing regulatory scrutiny and a cooling trend in AI mergers and acquisitions (M&A), the company is positioning itself for what could be its most acquisitive year yet. However, Nvidia's aggressive expansion strategy has not come without its challenges, reflected in its recent stock performance.
Nvidia's Acquisition Strategy in 2024
As of mid-2024, Nvidia ( NASDAQ:NVDA ) has announced four acquisition deals, matching its total for the entire year of 2020. This activity underscores the company's commitment to bolstering its capabilities and expanding its influence in the AI and semiconductor industries. Some of the notable acquisitions include:
1. Run:ai: In April, Nvidia agreed to acquire this Israeli firm known for its technology that enhances GPU efficiency. However, the deal has yet to close due to regulatory scrutiny from the U.S. Department of Justice (DOJ).
2. Deci AI: Another Israeli startup, Deci AI, was acquired in May for $300 million. Deci AI provides tools for developers to build AI models, further strengthening Nvidia's position in the AI ecosystem.
These acquisitions highlight Nvidia's strategy to integrate advanced technologies and enhance its product offerings, especially in the AI domain. However, the company’s rapid expansion has attracted the attention of regulators.
Regulatory Hurdles and Market Reactions
Nvidia's acquisition spree is occurring under the watchful eyes of regulators. The DOJ and the Federal Trade Commission (FTC) are investigating Nvidia, along with Microsoft and OpenAI, for potential antitrust violations. This scrutiny has delayed some of Nvidia's deals, including the acquisition of Run:ai, reflecting broader concerns about market concentration in the rapidly growing AI sector.
The regulatory environment is becoming increasingly challenging for large tech companies. Nvidia's past experience with regulatory interference is notable, particularly the failed $40 billion acquisition of ARM from SoftBank in 2020, which was terminated in February 2022 due to regulatory hurdles. This history underscores the complexities and risks associated with large-scale acquisitions in the tech industry.
Market Performance and Investor Sentiment
Amid these regulatory challenges, Nvidia's stock has experienced significant volatility. Recently, Nvidia shares plummeted 14% in Monday's trading session, marking a substantial decline that brought the stock price to sub-$100 levels. This drop is part of a broader trend affecting the semiconductor sector, with other major players like Advanced Micro Devices (AMD) and Intel also seeing substantial declines.
The market reaction reflects investor concerns over regulatory risks and the overall health of the tech sector. The semiconductor industry is particularly sensitive to geopolitical tensions, trade policies, and macroeconomic factors, all of which have contributed to recent market volatility.
Opportunities and Risks
Despite these challenges, Nvidia remains a powerhouse in the AI and semiconductor industries. The company's acquisitions aim to enhance its technological capabilities and maintain its competitive edge. For instance, the integration of Run:ai's technology could significantly improve GPU efficiency, while Deci AI's tools could streamline the development of AI models, both of which are crucial for Nvidia's growth strategy.
Technical Outlook
At present, Nvidia stock ( NASDAQ:NVDA ) has declined by 10.61% and is trading above both the 50-day and 100-day Moving Averages (MAs). The stock's Relative Strength Index (RSI) stands at 34, placing it within the oversold territory. Concurrently, the broader stock indexes and the cryptocurrency market are undergoing a downturn, with Bitcoin ( CRYPTOCAP:BTC ) plummeting to $50k, underscoring the market's volatility.
This situation has resulted in a 1 billion-dollar liquidation of trades today. Prior to engaging in any stock transactions today, it is prudent to conduct a comprehensive risk assessment as the Moving Average Convergence Divergence (MACD) has decreased by -2.29, indicating a pronounced bearish divergence.
Conclusion
Nvidia's aggressive acquisition strategy in 2024 reflects its ambition to dominate the AI and semiconductor sectors. While the company is navigating a complex regulatory environment and market volatility, its recent deals highlight its commitment to innovation and growth. Investors and industry observers will be closely watching Nvidia's next moves, especially as it approaches its earnings announcement on August 28. Despite the challenges, Nvidia's strategic acquisitions and technological advancements position it well for future opportunities in the dynamic and competitive tech landscape.
Nvidia's $279 Billion Slide: What It Means for Jensen HuangNvidia CEO Jensen Huang has seen his fortune plummet, crashing out of the $100 billion club after Nvidia’s stock tumbled nearly 10% on Tuesday. The sell-off slashed $9.9 billion from Huang’s net worth, dropping it to $94.9 billion. Despite this, Huang remains one of the biggest winners in the AI boom, adding $51 billion to his wealth this year alone as demand for Nvidia’s AI chips skyrockets.
The Root Causes
The dramatic fall in Nvidia’s stock was part of a broader chip sector sell-off, sparked by reports that the U.S. Department of Justice is ramping up an antitrust investigation into the company. Subpoenas sent to Nvidia signal escalating scrutiny into whether the chipmaker has been limiting competition by restricting its clients’ ability to switch to other suppliers.
Adding to the pressure, the latest U.S. manufacturing data indicated a slowdown, stoking fears about the broader economic outlook. The Institute for Supply Management reported moderate contraction in factory activity in August, leading to a market-wide sell-off. Nvidia, heavily tied to the AI hype, was one of the hardest-hit stocks.
Bearish Sentiment Weighs on Stock
Nvidia's stock is now trading near key support levels, with Tuesday’s sell-off marking the largest one-day drop in market value for a U.S. company. Technically, Nvidia’s RSI (Relative Strength Index) dipped below 40, signaling oversold conditions, but also indicating that bearish momentum could continue. The stock’s 50-day moving average sits precariously close, and a breach below could trigger further declines.
Despite this setback, Nvidia remains up 118% year-to-date, driven by its dominant position in the AI chip market. Investors have been pricing in exponential growth, which may take longer to materialize, especially given the regulatory headwinds.
What’s Next for Nvidia and Jensen Huang?
Nvidia’s meteoric rise since the AI boom in late 2022, fueled by the success of ChatGPT and other large language models, is facing its biggest test yet. While Huang’s net worth has taken a significant hit, Nvidia still plays a critical role in the AI ecosystem. The company's strategic pivot from video gaming to AI has paid off massively, but increased competition and regulatory scrutiny could challenge its dominance.
As Nvidia ( NASDAQ:NVDA ) navigates these turbulent waters, investors will be watching closely for further developments in the antitrust investigation and any signs of stabilization in the broader market. With Nvidia's future closely tied to AI’s evolution, the coming months could be crucial in determining whether this is a temporary setback or a sign of deeper issues.
In the short term, technical indicators suggest caution, but Nvidia’s strong fundamentals and continued innovation in AI could offer a lifeline. For now, the chip giant's journey remains one to watch as it tries to bounce back from this historic slide.
NVIDIA soars to an all-time high after Q2 earningsNVIDIA soars to an all-time high after Q2 earnings far exceed expectations
NVIDIA (NASDAQ: NVDA) shares hit new all-time highs on Thursday following the release of the company's robust Q2 earnings report, which showed a performance that far exceeded Wall Street's expectations. The tech giant's guidance for the next quarter also topped forecasts, leading to a sharp rise in the company's shares.
Q2 earnings review
NVIDIA reported record Q2 earnings, putting to rest any doubts about its continued growth trajectory. Driven primarily by strong sales in its data center and gaming segments, the company's financial results beat estimates on both the top and bottom lines.
The company's revenue for the quarter came in at $7.4 billion, representing a healthy 68% year-over-year increase. NVIDIA's adjusted earnings per share were $1.04, beating the Wall Street consensus estimate of $0.89.
Driving factors
The impressive results were primarily driven by solid growth in the company's gaming segment, fuelled by insatiable demand for graphics processing units (GPUs). As the digital revolution continues, NVIDIA's high-performance chips have become indispensable business tools worldwide.
In addition to its traditional strength in gaming, NVIDIA's data center business continues to thrive. The rise of artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) has opened new avenues of growth for NVIDIA's data center GPU solutions. In addition, the company's acquisition of Mellanox has successfully strengthened NVIDIA's position in the data center networking market.
Forward-looking guidance
The most exciting news for investors was NVIDIA's forward-looking guidance. The company forecasted Q3 revenues of approximately $7.8 billion, a staggering 50% above the Wall Street consensus of $5.2 billion. This significant increase reinforced the bullish view of the company's future growth potential.
Market reaction
Investors reacted positively to the news, with NVIDIA shares soaring. The company's robust Q2 results and favorable Q3 guidance drove the share price to an all-time high, further cementing NVIDIA's position as a powerhouse in the global technology industry.
The bottom line
Despite an uncertain economic climate, NVIDIA continues to exceed expectations with its remarkable financial results. Its stronghold in the booming gaming and data center sectors and its optimistic forward guidance underpin a compelling growth narrative. Investors will undoubtedly keep a close eye on the tech giant as it continues to innovate and grow in the fast-paced world of digital technology.
Although NVIDIA's valuations may appear stretched after its recent run-up, its strong growth prospects could justify its high market capitalization. As always, potential investors should adopt a balanced approach, recognizing both the considerable upside potential and the inherent risks associated with high-growth technology stocks.
NVIDIA's Stock Surge 4% today: A Deep DiveNVIDIA Corporation (NASDAQ: NASDAQ:NVDA ) witnessed a significant surge of 4% today, driven by a groundbreaking partnership with Alibaba Group Holdings Ltd. ( NYSE:BABA ) aimed at advancing artificial intelligence (AI) and autonomous driving technologies. This collaboration marks a pivotal moment for NVIDIA (NASDAQ: NASDAQ:NVDA ) as it capitalizes on the relentless innovation in the AI sector, which analysts predict will sustain demand for AI chips in the coming years.
The Story
According to CFRA Research analyst Angelo Zino, the AI computing paradigm is gaining momentum, and major cloud service providers are ramping up investments to avoid falling behind. Zino's insights reflect the broader market sentiment, emphasizing that the growth in AI chip demand will likely be exponential. He stated, “Lack of monetization won't keep hyperscalers from investing in artificial intelligence,” underscoring that robust cloud and digital ad spending will continue to fuel this demand.
NVIDIA (NASDAQ: NASDAQ:NVDA ) remains one of Zino's top picks among AI chipmakers, alongside Broadcom (AVGO) and Marvell Technology (MRVL). His price target for NVIDIA is set at $139, suggesting considerable upside potential. This bullish outlook is further supported by NVIDIA's impressive data center revenue growth, which soared by 154% year-over-year to $26 billion, driven by strong demand for Hopper GPU computing and networking solutions.
Adding to this positive narrative, NVIDIA CEO Jensen Huang recently completed a significant trading plan, selling 6 million shares but retaining his position as the largest individual owner of NVIDIA stock. This move may reflect confidence in the company's long-term prospects, despite short-term trading activities.
Technological Advancements: The HMAX AI Solution
The recent launch of Hitachi Rail's HMAX (Hyper Mobility Asset Expert) AI solution, powered by NVIDIA technology, further highlights the company's pivotal role in optimizing transport operations. This all-in-one digital asset management platform leverages AI to enhance asset performance and streamline operations for transport operators. By combining live data collection with advanced AI tools, HMAX allows for real-time processing, significantly reducing the time needed to analyze data and generate actionable insights.
Technical Outlook
As of the latest trading session, NASDAQ:NVDA is up 3.48%, with a moderate Relative Strength Index (RSI) of 54, indicating potential for further growth. The stock has recently experienced volatility, oscillating within the $100 to $120 range. However, if NASDAQ:NVDA manages to hold above critical support levels, particularly the $111 mark, it may set the stage for a bullish breakout.
Investors should watch for key price movements in the coming days. If the stock consolidates and successfully bridges the support of $111, it could dip to the one-month low support before gaining momentum toward new highs. This technical setup suggests that there may be ample room for upside movement as the market digests the implications of NVIDIA’s strategic partnerships and ongoing innovation in AI technologies.
Conclusion
In summary, NVIDIA's recent partnership with Alibaba positions it favorably in the rapidly evolving AI landscape, supported by strong fundamental growth and innovative technological advancements. Coupled with a robust technical outlook, NASDAQ:NVDA stock appears well-poised for future gains. As the demand for AI computing continues to rise, NVIDIA's role as a market leader is likely to solidify, making it an attractive investment opportunity for those looking to capitalize on the AI revolution.
NVIDIA's Soaring Market Value: Propelled by AI OptimismNVIDIA Corp (NASDAQ: NASDAQ:NVDA ) experienced an unparalleled surge in market value during January, breaking records and solidifying its position as the world's most valuable chipmaker. This monumental achievement, marked by a staggering $296.52 billion increase, has captivated investors and analysts alike. As we delve into the factors fueling this extraordinary rise, we uncover a narrative shaped by the burgeoning demand for artificial intelligence (AI), positive analyst projections, and NVIDIA's strategic moves in the AI landscape.
AI-Driven Optimism:
NVIDIA's (NASDAQ: NASDAQ:NVDA ) meteoric rise in market value finds its roots in the surging optimism surrounding artificial intelligence. With the company positioned at the forefront of AI innovation, the market has responded favorably to NVIDIA's commitment to advancing the field. The recent announcement of expanded AI offerings, coupled with breakthroughs in desktop graphics processors and AI-related components and software, has propelled the stock to new heights. As AI continues to reshape industries, NVIDIA (NASDAQ: NASDAQ:NVDA ) stands poised to capitalize on the growing demand for cutting-edge technologies.
Record-Breaking Momentum:
January witnessed NVIDIA (NASDAQ: NASDAQ:NVDA ) setting a monthly market value increase record, surpassing its own previous high set in May 2023. The company's market capitalization now stands at an impressive $1.52 trillion, reinforcing its dominance in the semiconductor industry. This extraordinary achievement underscores the market's acknowledgment of NVIDIA's strategic vision and its ability to stay ahead in the rapidly evolving tech landscape.
Microsoft's Parallel Ascent:
In the tech realm, Microsoft has also experienced a robust increase in market value, adding $159.36 billion in January. The surge is attributed to the rising demand for its Azure cloud service. As NVIDIA forges ahead in AI, Microsoft's parallel ascent emphasizes the industry-wide recognition of the pivotal role played by both companies in shaping the future of technology. Microsoft's quarterly profit and revenue exceeding estimates further bolstered investor confidence.
Meta Platforms' Resurgence:
Meanwhile, Meta Platforms, formerly known as Facebook, witnessed a resurgence in market value, crossing the $1 trillion mark for the first time since September 2021. The 14% surge in Meta's stock after reporting a 25% jump in revenue to $40.1 billion for the December quarter has positioned the social media giant as a formidable player in the evolving tech landscape.
Tesla's Contrasting Fate:
In stark contrast, Tesla Inc emerged as the weakest performer among the top 20 global companies by market cap. Concerns over slowing growth led to a 24.5% decline in its market value over the last month. CEO Elon Musk's cautionary statements regarding lower sales growth despite recent price reductions have raised questions about the electric carmaker's trajectory.
Technical Outlook and Investor Sentiment:
From a technical perspective, NVIDIA's medium to long-term outlook appears robust, with a broken rising trend signaling even stronger growth. The absence of resistance in the price chart indicates potential for further upward movement.
Conclusion:
NVIDIA's (NASDAQ: NASDAQ:NVDA ) unprecedented surge in market value reflects not only the company's prowess in AI but also the evolving landscape of technology. As the demand for advanced computing and AI solutions continues to soar, NVIDIA's strategic positioning and groundbreaking innovations position it as a key player shaping the future of the tech industry. Investors and enthusiasts alike will be closely watching how the company navigates the dynamic market conditions and sustains its remarkable momentum in the months to come.
NVIDIA eyes opportunities in space computing with SpaceX launchNVIDIA Corp. is poised to enter a burgeoning market as SpaceX prepares to launch a satellite equipped with NVIDIA's graphics processing unit. This venture into space computing marks a significant step for NVIDIA, potentially opening up expansive new opportunities within an industry that sees growing demand each year.
The satellite, a collaborative effort between US startup Aethero and Cosmic Shielding, features NVIDIA's Jetson Orin NX module. This module, designed primarily for robotics and AI computing, could play a crucial role in the development of solar-panel-powered space data centres. These centres aim to address the significant power demands of AI, presenting a sustainable solution by leveraging the unique environment of space.
Technical Analysis of NVIDIA Corp. (NASDAQ: NVDA)
Exploring potential investment opportunities, let us review the technical aspects of NVIDIA's stock:
Timeframe: Daily (D1)
Current trend: the stock is in an uptrend, currently testing the support line
Resistance level: 136.30 USD
Support level: 118.05 USD
Potential downtrend target: should a downtrend initiate, the downside target could be at 95.00 USD
Short-term target: if the uptrend resumes and the stock price breaches the resistance at 136.30 USD, a short-term target could be set at 150.00 USD
Medium-term target: should the upward momentum continue, the price might rise to 165.00 USD
Investors should closely monitor NVIDIA's progress in this space venture, as the successful deployment of its technology in orbit could significantly enhance the company's profile in space computing and lead to substantial growth opportunities.
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NVIDIA 1000 SOON ?NVIDIA Corporation (NASDAQ: NVDA), a leading player in the technology sector, has been showing promising signs that could potentially drive its stock price to reach the $1000 mark. Here’s why:
Strong Financial Performance
NVIDIA’s financial performance has been impressive. In 2023, NVIDIA’s revenue was $60.92 billion, an increase of 125.85% compared to the previous year’s $26.97 billion1. Earnings were $29.76 billion, an increase of 581.32%1. This strong financial performance indicates a healthy and growing company.
Positive Analyst Ratings
The consensus rating for NVIDIA stock from 41 stock analysts is "Strong Buy"23. This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Future Growth Prospects
According to forecasts, NVIDIA’s revenue for the year 2025 is expected to reach $136.09 billion, representing a growth of 21.67% from the current year1. The EPS for the year 2025 is forecasted to be $30.41, representing a growth of 22.03% from the current year2. These growth prospects could potentially drive the stock price higher.
Dominance in AI and Gaming
NVIDIA’s pivotal role in the artificial intelligence market and its dominance in the gaming industry are key factors that could drive its stock price. The company’s GPUs are widely used in data centers, gaming, and AI, sectors that are expected to grow significantly in the coming years1.
Bullish Technical Indicators
Based on technical indicators, the current sentiment is bullish and NVDA could hit $2,813.93 in 20254. This might be a good time to open fresh positions on NVDA, as trading bullish markets is always a lot easier4.
While the road to $1000 may have its ups and downs, the combination of NVIDIA’s strong financial performance, positive analyst ratings, future growth prospects, and dominance in key sectors makes a compelling bull case for its stock.
♨ Nvidia stocks are heading Up to recover, after September meltNvidia stocks moved higher in early Monday trading after analysts at Goldman Sachs NYSE:GS added the chipmaker, along with three other stocks, to its flagship list of stock recommendations.
Goldman Sachs analysts added Nvidia to the bank's "Americas Conviction List", a step up from the 'buy' rating it assigned to the stock in late August, while holding its price target in place at $605 per share.
"Look for Nvidia to maintain its statues as the accelerated computing industry standard for the foreseeable futures given its competitive moat and the urgency with which customers are developing and deploying increasingly complex AI models," Goldman argued.
The bank also added cybersecurity group Okta NASDAQ:OKTA , industrial supply group Cintas NASDAQ:CTAS and biotech Quanterix NASDAQ:QTRX to the "conviction buy" list while removing Salesforce NYSE:CRM and Johnson Controls NYSE:JCI .
Nvidia, the world's biggest AI chipmaker, forecast current quarter revenues of around $16 billion in August when it published stronger-than-expected second quarter earnings and later unveiled an make it easier for clients to run AI applications on Google Cloud NASDAQ:GOOGL using Nvidia-made chips with deeper integration between hardware and software offerings.
"We’re at an inflection point where accelerated computing and generative AI have come together to speed innovation at an unprecedented pace," said CEO Jensen Huang of the Google agreement. "Our expanded collaboration with Google Cloud will help developers accelerate their work with infrastructure, software and services that supercharge energy efficiency and reduce costs."
Nvidia shares were marked 3% higher in early Monday trading to change hands at $ 448 /share. The stock is up more than 200% for this year, and reached an all-time high of $487.84 on Aug 29, 2023.
Technical picture says, Nvidia NASDAQ:NVDA stocks are still on its positive path, and trading above 6- and 12-months simple moving averages.
Moreover the key breakout of technical indicator known as "a Triangle" is happening right here as stocks are recovering form the bearish hug.
NVIDIA - A Scenario Few Are Considering. Few. Few. Few.NVIDIA's price action last week was a historic event in the markets, and at a very strange time. Whenever you see such an outlier, it's time to perk up and really give a deep think to what's going on in the world at large.
For me, I had long since anticipated NVIDIA would print a new ATH, but I did not believe it would do it until the markets at large had started to moon, which I stated in a March call, which turned out to be pretty accurate.
NVDIA - Expect Sideways Until Bear Puts Expire Worthless
The fact that a megacap could take out the November of 2021 highs before the Fed started hiking is extremely indicative of what's going on, namely that the indexes and the market at large are sure to follow.
I've heard some pretty good theories that NVIDIA being able to do what it's done has a lot to do with Chinese Communist Party entities running a "boomerang" through Cayman Islands-based proxies that are shuffling liquidity through big enterprises like the US banks located in Hong Kong.
NVIDIA also reportedly relies on Taiwan-based TSMC to make its processors, and right now, Taiwan is the springboard for the western globalist interests to attempt to take control of Mainland China when the CCP collapses in the upcoming future.
The Party has recently stated that the mainland is scheduled to get hit up by 60 million new cases ***per week*** of the nouveau variant of the Omicron version of the Wuhan-originating Coronavirus Disease, and yet the Communist Party is not reporting any hard figures on case counts and death through the global faucets, and has not since Xi dropped the Zero COVID social credit scheme in January.
And on top of that is the soon-to-be 24 year long persecution of Falun Dafa by Jiang Zemin and its Shanghai faction combining with the CCP itself, a persecution that targeted 100 million people and committed the unprecedented sin of live organ harvesting.
The sin of the persecution is so enormous that once brought into the public eye, no matter who you are in this world, you'll be brought down as retribution for evil.
So there's a lot to watch out for in geopolitical tensions, and a lot at play. The biggest thing right now is that the markets are set to pump to provide people with a new distraction as they try, once again, to get rich, and quick, instead of paying attention to what is important in life.
Everyone is now convinced that NVIDIA is unshortable, and some are even looking for a mild pullback to go long on the "parabolic trend line."
Frankly speaking, there's a lot of risk in buying ATHs when you're dealing with something governed by a clever MM, and if the Q2 ER scam doesn't convince you that NVIDIA's MM is clever, "Sorry, I don't have time to explain it to you."
In making this call, I would like to say that NVIDIA going parabolic is pretty likely.
I'd also like to say that some formation like this, which we saw on Sun Microsystems in the Dotcom bubble, is also pretty likely:
If the Sun fractal is valid, then this call is invalid. How it would play out is kind of like what Boeing did in 2018-19:
Or what BTC CME Futures has already done
Meaning that shorting will remain extremely risky, but going long won't necessarily have any opportunities to meaningfully pay.
However, if the MMS are intending to conduct a turtle soup into a three drives/three Indians pattern, you do actually have the opportunity to Shortgod the top, get long at the bottom, and collect an even bigger trade.
What this would involve is that starting in June NVDIA begins to retrace, and if it were to be so, it would likely retrace with a consistency that is as good as selling volatility has been in the last 9 months.
It would refill the May gap completely, and rebalance the unbalanced March gap, which coincides with the recent market structure's range equilibrium at $250 and the week of April 24's pivot.
Many have said that the debt ceiling crisis being resolved by the Federal government often results in a stock market crash since the market has to absorb all the new TBonds that the Treasury has to issue to keep the government afloat.
If you couple that with how the market didn't go down at all during the debt ceiling crisis itself, a bear impulse appears more and more likely.
If it were to do this, NVIDIA would also never print a $1 trillion market capitalization despite being so close.
NVDIA likely would quickly bounce at this point and then the target would be one standard deviation above the May high, coming in at $540, which would also take the psychological $500 level.
Doing this will encourage and trap bears all the way down, and then slaughter bulls over $500. Doing this will slaughter the bulls that have already bought the top, and at present, the bears have literally all been killed.
Projected time frame for this to happen would be something like a September bottom and the top would come in the middle of '24 with the next U.S. Presidential Election on the horizon.
Of course, that assumes that the world remains in good enough shape to be stable in any way a year from now.
I do not have conviction that this will be the case it will play out, but I wanted to post this theory because the timing, logic, and price action all support it strongly, and it's the one scenario that nobody is considering, which also happens to generate a lot of alpha if you can get on top of it.