Is the momentum of AI stocks only temporary?。 $NVIDIA (NVDA.US)$After rising 13% on July 31, it fell 7% on August 1. The SOX index and the Nasdaq 100 index also followed a similar pattern.High-tech stocks have been volatile in the past two days.Done.
When examining the reasons for the sharp rise and fall, it suggests that August 2 could be the biggest turning point. This time, let's organize the background factors and points to watch. In addition, let's check the stocks with good earnings that have moved in the opposite direction in the volatile market.
Causes of the sharp rise and fall in AI stocks.
Factors contributing to the July 31st rise:
1) Federal Reserve Chair Powell suggesting a rate cut in September
⇒ High-tech stocks are being bought with expectations of a rate cut
2) AMD announced strong earnings and raised its revenue forecast for AI semiconductors　
⇒ The benefits of the AI investment boom extend to AMD as well, and semiconductor stocks like Nvidia are rebounding
3) Microsoft announced further increase in investment for AI
⇒ Microsoft's expansion of investment in AI, leading the way in AI investment, indicates the continuation of the AI investment boom
● Reasons for the decline on August 1st
1) Mixed earnings
etc.

NVIDIA financial results announcementBut5/22 (Japan time on the morning of the 23rd)I'm preparing for it. Market participants and investors are waiting with bated breath as it is an important event that could influence the course of the Japan-US stock market.Here is a summary of what you need to know before announcing financial results and the latest trends in “AI festivals”。
Earnings preview
Regarding the financial results preview, 5/17's”[Financial Results Preview] Should I buy NVIDIA, the AI emperor, before the $1,000 mark at 5:00 a.m. on the 23rd before settlement?Please refer to”. “Will NVIDIA's performance once again exceed market expectations?” , “Should I buy before closing?” Contents such as the like are included.
Below, we have summarized the main events since [Financial Results Preview] (5/17).
Target stock prices have been raised one after another
$NVIDIA (NVDA.US)$Ahead of the announcement of financial results, several securities companies raised target stock prices. For example, Susquehanna raised it from 1,050 dollars to 1,100 dollars, and Barclays raised it from 850 dollars to 1,100 dollars. 1,100...

This article uses auto-translation in part.
● $NVIDIA (NVDA.US)$after the end of trading on the 22nd5:20 am on the 23rd in JapanThe earnings call for FY2025 Q1 is scheduled to be announced.
The company's most important business, the datacenter,is expected to achieve sales of $20.967 billion, an increase of 389.43% year-on-year compared to the same period last year.This is expected to continue to increase the proportion of this business in the company's revenue from 83% in the previous quarter to 85%.
GS Securities analysts expect continued high levels of investment in AI, so they still consider NVIDIA's valuation to be cheap.Nvidia's valuation is still considered undervalued.According to moomoo, the market perceives NVIDIA
news.FY2025 Q1の売上高が前年同期比240.47%増の24.487 billionドル、EPSは前年同期比532.28%増の5.18ドルと予想being reported (US-...

US semiconductors are showing signs of turmoil following the earnings announcementDuring the earnings announcement early stage, there was a significant adjustment due to downward guidance from TSMC and ASML, but there was a sharp rebound in mid-April. Towards the end of April, there was a decline again following AMD's earnings.For semiconductor stocks that have continued to rise thanks to the AI boom, what does the current turmoil mean?I would like to consider the earnings results and market environment.
Earnings of major semiconductor stocks and their stock price reactions immediately after earnings announcements
Among the constituents of the SOX index (Philadelphia Semiconductor Stock Index), about 70% of companies had completed their earnings reports as of May 2. Upon checking the adjusted EPS (earnings per share) of major stocks with a market capitalization exceeding $100 billion, all of them exceeded market expectations.
$Micron Technology (MU.US)$As their fiscal year ends in February and earnings are reported in March, the featured stocks in this earnings season, which actually started in April, are not applicable. However, since their March earnings report includes performance from January to February of this year, it was decided to include them. Micron Technology reported significantly better performance than market expectations...