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 automatic 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 have received financial results and are showing a turbulent appearance. At the beginning of financial results announcements, major adjustments were made due to downward guidance from TSMC and ASML, but there was a sudden rebound in mid-April. At the end of April, AMD's financial results were received, and it fell again.What does the current turbulence mean for semiconductor stocks, which have continued to appreciate due to the AI boom. I would like to consider it based on financial results and the market environment.
Financial results of major semiconductor stocks and stock price reactions immediately after settlement
Of the SOX Index (Philadelphia Semiconductor Stock Price Index) constituent stocks, about 70% of companies have finished announcing financial results as of 5/2. Of these, when we checked the adjusted EPS (profit per capita) of the main stocks with a total market value of over 100 billion dollars, both exceeded market expectations.
$Micron Technology (MU.US)$The financial results period is February, and the financial results are announced in March, so to be precise, they are not applicable to the current financial results season, which began in April, but since the financial results announced at the end of March also include results for January-February this year, I decided to post them together. Micron Technology announced results that significantly exceeded market expectations...