The upcoming earnings report from $NVIDIA (NVDA.US)$ could be a pivotal moment for the company, according to a prominent analyst.
What Happened: Dan Ives, an analyst at Wedbush Securities, predicts that the earnings report, scheduled for Aug. 28, will be a significant event for the tech industry.
Ives emphasized that the earnings call will capture the attention of investors globally, as they await insights from CEO Jensen Huang on the future demand for artificial intelligence chips through 2025.
"Nvidia earnings on August 28th you will be able to hear a pin drop on trading desks around the Street/globe as investors hear from the Godfather of AI Jensen on the massive demand trajectory for AI chips into 2025 which we believe will be another drop the mic moment for tech," Ives wrote on X on Sunday.
Nvidia earnings on August 28th you will be able to hear a pin drop on trading desks around the Street/globe as investors hear from the Godfather of AI Jensen on the massive demand trajectory for AI chips into 2025 which we believe will be another drop the mic moment for tech
— Dan Ives (@DivesTech) August 12, 2024
Why It Matters: Nvidia has seen a significant decline in market value, dropping by $900 billion since its peak in June, despite the ongoing surge in AI spending. Major tech companies like $Microsoft (MSFT.US)$, $Amazon (AMZN.US)$, $Alphabet-A (GOOGL.US)$, and $Meta Platforms (META.US)$ have committed to continued investment in AI infrastructure, which represents over 40% of Nvidia's revenue.
Additionally, the "Magnificent Seven" mega-cap stocks, including Nvidia, have been at the forefront of market volatility. Despite a 30% drop from their five-year peak valuations, they remain 50% above their five-year troughs. This group, which includes major players in IT, communication services, and the electric vehicle industry, continues to wield significant influence over the market.
Furthermore, notable figures like former Speaker Nancy Pelosi (D-Calif.) have shown confidence Nvidia's future by purchasing additional shares. Pelosi recently disclosed acquiring more Nvidia shares while selling part of her stake in Microsoft.
Lastly, early tech investor James Anderson has predicted that Nvidia could achieve a market capitalization of nearly $50 trillion within the next decade, driven by the growing demand for AI chips. This bullish outlook has contributed to Nvidia's shares soaring by 117% since the beginning of the year.
Price Action: Nvidia's stock closed at $104.75 on Friday, down 0.21% for the day. In after-hours trading, the stock inched up 0.019%. Year to date, Nvidia's stock has surged by an impressive 117.46%, according to data from Benzinga Pro.
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
来自制造行业的即将发布的财报可能是该公司的关键时刻。 $英伟达 (NVDA.US)$ 根据一位知名分析师的说法，这个公司的即将发布的财报可能是一个关键时刻。
韦德布什证券分析师丹·艾夫斯预测，定于8月28日公布的财报将成为科技行业的一件重大事件。
艾夫斯强调，业绩会将会吸引全球投资者的关注，因为他们期待Jensen Huang首席执行官在2025年之前的人工智能芯片未来需求方面的见解。
艾夫斯在周日X网站上写道：“英伟达于8月28日发布业绩报告，街道/全球的交易员们都会安静无声，因为投资者将会听取‘人工智能教父’Jensen关于预计在2025年之前的人工智能芯片需求增长，我们相信这将会成为科技行业的又一个‘站起来说话’的时刻。”
英伟达于8月28日发布业绩报告，街道/全球的交易员们都会安静无声，因为投资者将会听取‘人工智能教父’Jensen关于预计在2025年之前的人工智能芯片需求增长，我们相信这将会成为科技行业的又一个‘站起来说话’的时刻。
——丹·艾夫斯（@DivesTech）2024年8月12日
为什么这很重要：自6月份达到峰值以来，英伟达的市值大幅下降，下降了900亿美元，尽管人工智能支出不断增长。像微软这样的大型科技公司已经致力于继续投资人工智能制造行业，这代表着英伟达营业收入的40%以上。 $微软 (MSFT.US)$, $亚马逊 (AMZN.US)$, $谷歌-A (GOOGL.US)$和$Meta Platforms (META.US)$ 此外，像前众议院议长南希·佩洛西（D-Calif.）这样的知名人士已经通过购买更多的英伟达股票来表达对公司未来的信心。佩洛西最近透露，在出售部分微软股票的同时，收购了更多英伟达股票。
此外，‘科技七巨头’公司中的英伟达等公司一直处于市场波动的前沿。尽管它们的市值已跌至五年前的峰值的30％，但它们仍高出五年前的谷底水平50％。这个集团包括IT，通信服务和电动汽车行业的主要参与者，继续对市场产生重要影响。
此外，像前众议长南希·佩洛西（民主党，加利福尼亚州）等知名人士通过购买更多的股票表现出对英伟达未来的信心。 Pelosi最近披露她买入了更多的英伟达股票，同时出售了她在微软的部分股份。
最后，早期的科技投资者詹姆斯·安德森预测，英伟达在未来十年内的市场资本化价值可能达到将近50万亿美元，这受到了对人工智能芯片日益增长的需求的推动。这种看好的前景使得英伟达的股价自今年年初以来已经飙升了117%。
价格行动: 英伟达股票在周五收于104.75美元，下跌0.21％。之后，股票微涨0.019％。根据Benzinga Pro的数据，英伟达的股票今年迄今已大幅上涨117.46％。
这个故事是使用Benzinga Neuro生成的，并由Kaustubh Bagalkote编辑
