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Goldman Sachs is bullish on Nvidia: profits will significantly exceed market expectations by 2025.
Goldman Sachs predicts that Nvidia will announce specific clients' ROI at the Q2 conference call to boost market confidence. It is expected that its Q2 revenue and EPS will reach 29.769 billion US dollars and 0.68 US dollars, respectively, which are 4.1% and 5.9% higher than the market's expectations. The EPS is expected to exceed the market's expectations by 11% by 2025.
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South Korean AI chip giant born! Two South Korean companies officially merge and are determined to challenge Nvidia.
On August 18th, South Korea's two AI chip manufacturers, Sapeon Korea and Rebellions, have signed a formal merger agreement; The merged company is expected to be worth more than 1 trillion won (0.7438 billion US dollars) and will become the "postcard" of the South Korean AI chip industry; The idea of merging the two companies had been considered as early as June of this year and finally came to fruition under government guidance.
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