Nvidia's Q3 report gives a green light to the year-end rally.
Despite experiencing temporary fluctuations despite excellent earnings, Nvidia Corporation's stock price may recover and reach $180 to $200 by the next earnings.
The AI chip market is expected to experience explosive growth, with Nvidia monopolizing the enterprise/datacenter AI chip market, offering unparalleled possibilities.
Nvidia's profit for the third quarter exceeded financial estimates with a significant revenue increase, and the guidance continues to suggest strong performance, making the company's stock suitable for buying and holding.
Risks for NVDA include potential slowing down of AI infrastructure development, intensified competition, geopolitical challenges, but Nvidia's long-term outlook remains strong.
I am Victor Dargunov, an investor and financial writer with over 20 years of experience. I operate the "The Financial Prophet" investment group, covering all market sectors and sharing strategies for a well-diversified portfolio."The Financial Prophet"operates and shares strategies for a well-diversified portfolio covering all market sectors.
The AI chip market is expected to experience explosive growth, with Nvidia monopolizing the enterprise/datacenter AI chip market, offering unparalleled possibilities.
Nvidia's profit for the third quarter exceeded financial estimates with a significant revenue increase, and the guidance continues to suggest strong performance, making the company's stock suitable for buying and holding.
Risks for NVDA include potential slowing down of AI infrastructure development, intensified competition, geopolitical challenges, but Nvidia's long-term outlook remains strong.
I am Victor Dargunov, an investor and financial writer with over 20 years of experience. I operate the "The Financial Prophet" investment group, covering all market sectors and sharing strategies for a well-diversified portfolio."The Financial Prophet"operates and shares strategies for a well-diversified portfolio covering all market sectors.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
