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NVIDIA
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-- 156.060 Nvidia, on track to become the world's largest market capitalization! With earnings call looming, five conditions for higher stock prices are falling into place.
NvidiaStockReached an all-time highand became the force of "The Return of the King". The market capitalization exceeded 3.5 trillion dollars on October 21st with a 4% increase in stock price, once again approaching Apple, the top company with 3.6 trillion dollars. Nvidia has the potential to surpass Apple, which created the iPhone moment in the past, becoming the most 'valuable' company in the USA.Stock price concerns that had been weighing it down were dispelledStock
Stock price concerns that had been weighing it down were dispelled、"Market conditions" seem to be coming together again.It.
$NVIDIA (NVDA.US)$ Nvidia closed at a record high of $143.71 on October 21, after breaking the $140 mark on June 20 and going through adjustments, finally showing the momentum of the "Return of the King".
With a 4% increase in stock price on October 21, the market capitalization exceeded 3.5 trillion dollars, once again approaching the top $Apple (AAPL.US)$ If the AI investment boom continues, Nvidia may surpass Apple, which once created the iPhone moment, and become the most valuable company in the USA.
On October 21st, the U.S. stock market reacted negatively to the sharp rise in long-term interest rates, causing a slight decline in the S&P 500 index. Overall, major tech stocks were lackluster. Amid the soft market conditions, Nvidia set an all-time high, driven by Nvidia's own fundamentals.
1) Valuation has decreased, with the consideration of growth potential providing a sense of undervaluation as well
Nvidia's estimated P/E ratio (Price-to-Earnings ratio) hit about 44.2 times in mid-June, exceeding the 5-year average of 40.7 times. As of October 21st, despite reaching an all-time high, the estimated P/E ratio is about 38.6 times, below the 5-year average.
Nvidia's valuation has become more attractive compared to other major tech giants when considering its growth potential.
（10月11日付の「「マグニフィセント7」復活の気配！業績とバリュエーションで魅力増す！最強銘柄は？Refer to the endnotes for more details.)
2）主要顧客によるAI向け投資拡大は継続か
今回の決算発表シーズン序盤では露光装置大手の $ASML Holding (ASML.US)$ Following a sharp decrease in order backlog, concerns about a decline in investment for AI emerged. However, the earnings reports of TSMC, which handles the production of AI semiconductors, alleviated those concerns. Nevertheless, ASML's lackluster earnings reports also played a significant role.Non-AI related areas are weak.Due to that,The AI-related sector is booming.Indicated that.
今回の決算発表シーズン序盤では露光装置大手の $ASML Holding (ASML.US)$ Following a sharp decrease in order backlog, concerns about a decline in investment for AI emerged. However, the earnings reports of TSMC, which handles the production of AI semiconductors, alleviated those concerns. Nevertheless, ASML's lackluster earnings reports also played a significant role.Non-AI related areas are weak.Due to that,The AI-related sector is booming.Indicated that.
なお、 $Taiwan Semiconductor (TSM.US)$ は旺盛な需要を背景に、2024年通期の売上高見通しを再び上方修正した。経営陣は決算説明会で、「2025年の設備投資は今年を上回る公算が非常に大きい」と説明。AI重要の持続について懸念が生じているなか、同社CEOは「The demand is real.Okay.It has only just begun.stated that he believes
Nvidia's major customers $Microsoft (MSFT.US)$ や $Meta Platforms (META.US)$ 、 $Alphabet-C (GOOG.US)$ Companies like ASML and TSMC are scheduled to announce earnings at the end of October, at which time it will be necessary to confirm the investment plans for AI-related equipment. However, based on the earnings of ASML and TSMC, there is a high possibility that tech giants will continue to expand their investment in AI.
Concerns about the impact of Blackwell's delay have subsided.
During the last earnings report, Nvidia revealed the delay of its latest AI semiconductor, Blackwell, which weighed down the stock price. However, it has since been disclosed that while Blackwell will be delayed, it will begin shipping by the end of this year and will enter full-scale shipment by early next year, according to customers. $Dell Technologies (DELL.US)$ ya $Amazon (AMZN.US)$ Recently, Nvidia's CEO Jensen Huang, revealed information from various sources such asstated that the demand for Blackwell is 'crazy',and eliminated concerns about the impact of the delay on demand.
During the last earnings report, Nvidia revealed the delay of its latest AI semiconductor, Blackwell, which weighed down the stock price. However, it has since been disclosed that while Blackwell will be delayed, it will begin shipping by the end of this year and will enter full-scale shipment by early next year, according to customers. $Dell Technologies (DELL.US)$ ya $Amazon (AMZN.US)$ Recently, Nvidia's CEO Jensen Huang, revealed information from various sources such asstated that the demand for Blackwell is 'crazy',and eliminated concerns about the impact of the delay on demand.
Before earnings reports, there is a strong tendency for stock prices to rise on performance expectations.
After the popularity of ChatGPT in late 2022, checking NVIDIA's stock price trend, it is evident that before earnings reports, there is a strong tendency for the stock to rise on performance expectations. After earnings reports, there are cases where profit-taking selling pressure occurs after some time. However, with the continuation of strong performance and analysts raising their target stock prices, the stock price has regained an upward trend.
After the popularity of ChatGPT in late 2022, checking NVIDIA's stock price trend, it is evident that before earnings reports, there is a strong tendency for the stock to rise on performance expectations. After earnings reports, there are cases where profit-taking selling pressure occurs after some time. However, with the continuation of strong performance and analysts raising their target stock prices, the stock price has regained an upward trend.
After TSMC's earnings reports, $Bank of America (BAC.US)$ on October 18, the analyst in charge raised Nvidia's target stock price from the previous $165 to $190. This level now represents the most bullish target price for Nvidia.
As the earnings call approaches, investor sentiment towards Nvidia's stock has also recovered. According to Bloomberg's latest survey, 45% of respondents expressed the view that Nvidia's strong performance will further push up the stock price.
5) Strong demand for AI semiconductors and Nvidia's continued dominance
The most important factors for Nvidia's medium to long-term outlook seem to be the strong demand for AI semiconductors and whether Nvidia's dominance will continue. Current information on these two points is supporting Nvidia's stock.
The most important factors for Nvidia's medium to long-term outlook seem to be the strong demand for AI semiconductors and whether Nvidia's dominance will continue. Current information on these two points is supporting Nvidia's stock.
First, based on the earnings reports of nvidia's suppliers and the status of customer product introductions,demand for nvidia's AI semiconductors continues to be strong.It has been indicated.
Next, despite Blackwell's delay, the demand is "crazy".Nvidia's dominance continues.It seems that AMD's competitor announced a competing product on October 11, but it is expected to be about one year behind Blackwell, so the threat from NVIDIA is likely to continue for a while.
Created on October 22, 2024 Market Analyst Julie.
Source: Created by moomoo Securities from Blommberg.
Source: Created by moomoo Securities from Blommberg.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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184295026 : Also like financial results for late August
There might be a “last-minute twist”
Before the financial results at that time, it developed until the “Great Depression,” which surpassed Braman on 8/5 (Monday) and spread all over the world
Then, over the number of hours and days, it surpassed Braman at the end of the same month ↓ the Japan-US market recovered 60% to 70% before
Also, before the company's simultaneous financial results, various economic news every day wrote favorable expectations for NB's financial results, and the market was also floated by it
However, in fact, immediately after the financial results were announced, various institutions and funds, which are large in the market, sold the company's shares all at once (let alone damn hedge funds) due to good financial results and earnings predictions for the next fiscal year
Individuals around the world who saw that rapid stock depreciation ran for fear, and before financial results, close to 128 dollars eventually crashed to close to 100 dollars
There is a precedent for this market disaster
And now NB has gone up to the highest price again,
It's not about 160 yen per dollar before the July exchange intervention, but the depreciation of the yen has progressed to 152 yen
Once again, the nightmare of a market disaster, these conditions are in place
And this time
・Japanese general election
・US presidential election
There are also major uncertainties
If you make bad desires in the current market,
It doesn't recover to a positive buying value for more than half a year due to grabbing a high price,
There is a risk of “seizing huge unrealized losses”
182361482 184295026 : It has nothing to do with eagles aiming for a 10-year hold 10-?$#@$.
Real Forrest Gump stock