“Capitol Hill's God of Investment” is once again a hand from God! What will happen to NVIDIA's “roller coaster” market price?

Former Speaker of the House Nancy Pelosi revealed the latest stock transaction carried out by her husband Paul Pelosi. According to documents submitted on July 30, heI bought more NVIDIA shares a few days ago and at the same time reduced my Microsoft stock holdings. And on 7/31, NVIDIAA sharp rise of nearly 13%On the other hand, Microsoft's earnings in the cloud computing division were disappointing due to the latest quarterly financial results,Decrease of 1% or moreThen it became like a retrograde depreciation.

AMD's financial results showed strong results in both sales and profit, and in particular, due to an increase in GPU shipments for AI, sales in the AMD data center division$2.8 billion, up 115% year over yearIt became. What is the sales volume of the same divisionBreaking record highs for 2 consecutive quartersI'm doing it. Furthermore, the AI chip'sThe full-year sales forecast was also revised upwardI did it. As an important potential competitor to NVIDIA, AMD's good performanceIt strengthened the market's optimism about AI chip demand and prospects, and indirectly boosted NVIDIA's stock priceIt's there.

Meanwhile, according to the second-quarter financial results of Samsung Electronics, a major global chip manufacturer, sales reached 74 trillion70 billion won, an increase of 23.44% from the previous year and surpassed the forecast of 73 trillion740 billion won, and net profit was 9 trillion840 billion won, 470.97% compared to the same period last yearIt showed astonishing growth。

As a result,Fears over Wall Street's AI 'bubble' have abated, and investors are once again flooding the tech sectorThen, against the AI chip industry and NVIDIAMarket enthusiasm is rekindledI made it.

Other than that, Morgan Stanley is on 7/31,NVIDIA re-selected as “Top Pick” and maintains “Overweight” ratingI did it. Morgan Stanley analyst Joseph Moore and his team are NVIDIA'sOptimistic view of long-term growth potentialIt indicated that market concerns would ease over time. Morgan Stanley re-designated NVIDIA stock as a “top pick” and maintained an “overweight” rating. Furthermore, Morgan Stanley thought this sale was a very good buying opportunity, and set NVIDIA's target stock price at 144 dollars.

On Wednesday, the three major US stock indices all rose in response to US Federal Reserve Chairman Powell suggesting the possibility of interest rate cuts in September. Investors' enthusiasm for the technology sector and NVIDIA has further increased due to the positive impact of this macro policy.

About 2 years after ChatGPT took the world by storm, Wall StreetConcerned about the future of AI commercializationI'm doing it. According to Google and Microsoft's recently released quarterly reports,Revenue from AI is falling short of Wall Street's expectationsThe market is concerned about whether this will affect the huge capital investments of these tech giants. In particular, although Microsoft's overall sales and profit growth exceeded expectations, earnings growth in the Azure cloud business, which is the core of the AI strategy, fell short of analysts' expectations. This raised market concerns about the prospects for commercialization of AI, and led to a decline in investors' trust in related companies.

Since mid-June, NVIDIA CEO Jensen HuangSell more than 3 million shares at an average stock price of approximately $126Doing it. In particular, considering that stock prices have doubled since the beginning of this year, it may give investors anxiety. However, these sales are carried out according to a pre-planned transaction plan (rule 10b5-1), and insiders are permitted to sell shares at a predetermined time. Nevertheless, investors may take Mr. Juan's sale as a signal to reduce their positions.

As investors and fund managers determine profits and adjust portfolios, technology stocks as a whole are entering an adjustment phase. As a stock that soared rapidly this year, NVIDIA became a target for profit-taking sales, and stock prices fell drastically.

According to TheInformation's report, there is a possibility that OpenAI will lose 5 billion dollars this year, and if future funding does not go well, there is a risk that funds will be exhausted after 12 months. Such negative news further strengthened market concerns about the AI industry and became a factor that further depressed NVIDIA's stock price.

According to FactSet data, NVIDIAThe company with the highest profit growth among the constituent stocks of the S&P 500 indexAs a result, the company's net profit for the second quarter was compared to the same period last year$15 billion, up 140%It is expected to reach Deutsche Bank said on July 31 that after showing adjustments from the explosive rise over the past few months, subsequent movements will largely depend on the profitability of this AI chip maker.