Nvidia Corp's (NASDAQ:NVDA) jittery investors await an update on its Blackwell chip rollout ahead of the Goldman Sachs Group Inc (NYSE:GS) conference in San Francisco, where Nvidia chief Jensen Huang will speak with Goldman chief speak with David Solomon, Bloomberg reports.
The stock took a 15% hit since it released its quarterly print and disclosed Blackwell chip's launch remains impaired by engineering snags.
CEO Jensen Huang's assurances also failed to contain the meltdown. However, Nvidia expects "several billion dollars" of revenue from Blackwell in its fiscal fourth quarter.
Bloomberg reports that Zacks Investment Management client portfolio manager Brian Mulberry and Bank of America analysts flagged the delay as a potent concern in the absence of other positive catalysts for the stock. Mulberry expects Blackwell's timely execution to contain the stock volatility.
Mai Capital Management portfolio manager Chris Grisanti, in a CNBC interview, snubbed the selloff backed by the ambitious artificial intelligence ambitions of cash-rich Big Tech giants like Microsoft Corp (NASDAQ:MSFT) and Amazon.Com Inc (NASDAQ:AMZN) Amazon Web Services.
Meanwhile, Nvidia's key supplier, Taiwan Semiconductor Manufacturing Co (NYSE:TSM), recorded 33% topline growth in August 2024, signaling optimism over the smartphone market recovery and continued demand for Nvidia's artificial intelligence chips.
Despite the selloff, Nvidia stock is up over 137% in the last 12 months. Investors can gain exposure to the stock through iShares Russell 1000 Growth ETF (NYSE:IWF) and iShares S&P 500 Growth ETF (NYSE:IVW).
Price Action: NVDA stock is down 0.37% at $106.08 at the last check on Tuesday.
彭博社報道,在舊金山高盛集團公司(紐約證券交易所代碼:GS)會議之前,英偉達公司(納斯達克股票代碼:NVDA)緊張不安的投資者正在等待其Blackwell芯片推出的最新情況,英偉達首席執行官黃仁勳將在會上與高盛首席執行官大衛·所羅門交談。
自發布季度報告以來,該股上漲了15%,並透露Blackwell芯片的推出仍受到工程障礙的阻礙。
首席執行官黃仁勳的保證也未能遏制崩潰。但是,英偉達預計,布萊克韋爾在第四財季的收入將達到 「數十億美元」。
彭博社報道說,扎克斯投資管理公司的客戶投資組合經理布萊恩·馬爾伯裏和美國銀行分析師表示,由於該股缺乏其他積極催化劑,延遲是一個令人擔憂的問題。Mulberry預計,布萊克韋爾的及時執行將遏制股票的波動。
Mai Capital Management投資組合經理克里斯·格里桑蒂在接受CNBC採訪時冷落了微軟公司(納斯達克股票代碼:MSFT)和亞馬遜公司(納斯達克股票代碼:AMZN)亞馬遜網絡服務等現金充裕的大型科技巨頭雄心勃勃的人工智能雄心壯志。
同時,英偉達的主要供應商台積電(紐約證券交易所代碼:TSM)在2024年8月實現了33%的收入增長,這表明人們對智能手機市場復甦和對英偉達人工智能芯片的持續需求持樂觀態度。
儘管遭到拋售,但英偉達的股票在過去12個月中仍上漲了137%以上。投資者可以通過iShares Russell 1000增長ETF(紐約證券交易所代碼:IWF)和iShares標準普爾500指數成長型ETF(紐約證券交易所代碼:IVW)獲得股票敞口。
價格走勢:在週二的最後一次支票中,NVDA股價下跌0.37%,至106.08美元。