Nvidia sees strong financial growth thanks to demand for AI technology
- Significant revenue growth:
- The company's $NVDA revenue grew 122% on strong demand for data center chips, particularly for artificial intelligence.
- Beating earnings estimates:
- Earnings per share came in at 68 cents, beating estimates of 64 cents.
- Growth in the data center segment:
- Data center...
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The results will be solid again for me, but it depends on how much. I certainly wouldn't be surprised if stocks take a look at the new ATH.
📅Important events to watch in the coming week! 📊
This week will bring us a number of important events that will affect the financial markets. However, the most important in my opinion will be Nvidia's results and inflation data. Here is a summary of the interesting things in the week ahead:
✈️Monday
Preliminary durable goods orders for July: expected to rise by 4,2 %, which would...
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The future in semiconductors!💡
Semiconductors are an essential part of our modern life. They power not only our computers, but also our cars, smartphones, and even smart fridges and washing machines. Shares of semiconductor companies are seeing phenomenal growth. 📈
With the spread of artificial intelligence (AI) semiconductors have become even more important. Here are seven...
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Super summary! I agree that most of these and similar companies. It's just the future.
I bought shares of $NVDAfor the first time yesterday . It's a small position and more of a short-term speculation. I may have missed out on the major upside, but I think the stock will continue to rise for a few more months. After the growth, I would subsequently take profits and maybe leave some of the money in there.
How do you currently approach $NVDAstock ?
You took advantage of the downturn nicely. Looks like the market is not going to just turn around, so you're sure to "make a killing" 😉.
💡 Himax and NVIDIA: Collaborating for the future of AI Vision 🚀
Taiwan-based Himax Technologies $HIMX, is a leading supplier of semiconductor products focused on the automotive industry. The company announced the integration of its innovative WiseEye Ultralow Power AI Sensing solution with NVIDIA's $NVDA TAO platform . This collaboration brings powerful AIto low-power end...
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I'm just under the impression that I've heard of this company before, but I hardly know it at all🤣. Thanks for the article👍
All I can sayabout $NVDA's ride is wow.
- Nvidia has seen a more than nine-fold increase in value since the end of 2022.
- Nvidia has overtaken Microsoft to become the most valuable public company in the world.
- In early June, Nvidia crossed the $3 trillion market capitalization threshold, joining an elite club that includes Microsoft and Apple.
I also bought it before the split on speculation because it's doing exactly what I suspected and that's growing further, so I'll just say it's a shame I didn't have more spare cash to put into it ... I've already got over 15% return in a few days from it.
🗓️Klíčové this week's events!
Here is a summary of interesting events I will be watching in the markets in the coming week!
💻Monday : Nvidia $NVDA: 10:1 stock split - This move may increase the availability of Nvidia shares to retail investors and potentially increase their attractiveness .
Apple $AAPLThis entry was posted in WWDC Conference. - Apple will unveil its latest...
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Great, thanks for the review. I'll definitely be interested in the Apple one, Musk and maybe check out the $AVGO results.
📅 Here is a list of interesting events that await us in the coming week!
Here is a summary of the events I will be watching:
🌐Monday: Results Palo Alto Networks $PANW. I'll start the week with results from one of the leaders in cybersecurity, which will be announced after the markets close along with Zoom $ZM.
🎤Tuesday: Speech by US Treasury Secretary Yellen. Her speech may...
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Solid results, but it's just not possible to always be perfect😂