up？
$NVIDIA (NVDA.US)$ NVIDIA’s Q3 2024 outlook is largely tied to its data center and AI-driven revenues, which have shown immense strength. Analysts anticipate strong growth in the data center segment, bolstered by high demand for AI infrastructure. Conversely, revenues from NVIDIA’s gaming sector could face some stabilization, though they are still robust given recent advancements like DLSS 3.5 and expanding partnerships for cloud-based gaming services.
Despite NVIDIA’s remarkable market momentum, some analysts have issued cautious notes, highlighting the risk of a potential cyclical decline in AI infrastructure investments, which might weigh on growth rates in 2024 . Short interest remains present but is not extraordinarily high, reflecting mixed sentiment among traders.
Institutions continue to show significant interest in NVIDIA, with hedge funds and major asset managers actively increasing holdings. However, the stock is not immune to shifts in geopolitical risk, particularly given any potential changes in U.S. policies toward Taiwan, as they could impact NVIDIA’s supply chain and operations. Policies from key figures like Donald Trump and influences from prominent business figures like Elon Musk have the potential to shape investor expectations, though the extent is speculative at this point.
In the near term, NVIDIA’s trajectory seems favorable, but it will remain susceptible to macroeconomic factors and industry-specific shifts, including global semiconductor trends and AI investment cycles.
Despite NVIDIA’s remarkable market momentum, some analysts have issued cautious notes, highlighting the risk of a potential cyclical decline in AI infrastructure investments, which might weigh on growth rates in 2024 . Short interest remains present but is not extraordinarily high, reflecting mixed sentiment among traders.
Institutions continue to show significant interest in NVIDIA, with hedge funds and major asset managers actively increasing holdings. However, the stock is not immune to shifts in geopolitical risk, particularly given any potential changes in U.S. policies toward Taiwan, as they could impact NVIDIA’s supply chain and operations. Policies from key figures like Donald Trump and influences from prominent business figures like Elon Musk have the potential to shape investor expectations, though the extent is speculative at this point.
In the near term, NVIDIA’s trajectory seems favorable, but it will remain susceptible to macroeconomic factors and industry-specific shifts, including global semiconductor trends and AI investment cycles.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
