Nvidia Underwhelms in First Results Since Scrapping Arm Deal

Bloomberg2022-02-17

(Bloomberg) -- Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectations for...

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Comments

VDIAMOND
2022-02-17
VDIAMOND
It's still a strong company with +ve FCF
Lefleur
2022-02-17
Lefleur
Sell on news
eo1668
2022-02-17
eo1668
like
Mhmmdbnmstff
2022-02-17
Mhmmdbnmstff
I’m impressed though
whereareyou
2022-02-17
whereareyou
Oh no.. [Gosh]
ops22
2022-02-17
ops22
Good

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That compares with a $7.2 billion average analyst estimate, according to data compiled by Bloomberg.Nvidia’s stock, which ended 2015 at $8.24, closed at $265.11 on Wednesday. But the shares have taken a hit lately, part of a broader decline for semiconductor stocks. They’re down almost 10% this year.The Santa Clara, California-based company has pushed into the booming field of artificial intelligence computing, where its processors are used to handle an ever-growing flood of data. That’s turned Nvidia’s products into essential equipment for data centers, rather than just gaming computers.Nvidia posted sales of $7.64 billion in the fourth fiscal quarter, topping the $7.4 billion average prediction from analysts. Earnings came in at $1.32 a share, excluding some items, compared with an estimate of $1.22.Revenue in Nvidia’s data-center business rose 71% in the fourth quarter to $3.26 billion, ahead of the $3.2 billion estimated by analysts. Its main gaming business generated sales of $3.42 billion, compared with an estimate of $3.36 billion.Huang said that Nvidia will increase the number of Arm-based processors it makes, and the current Grace model is only the beginning. He remains convinced that the technology, increasingly a rival to Intel Corp.’s X86, will carve out a bigger role for itself in computing. Arm chips are already pervasive in power-constrained technologies, such as smartphones.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9094151736,"gmtCreate":1645093598191,"gmtModify":1676533996166,"author":{"id":"3576338139141381","authorId":"3576338139141381","name":"VDIAMOND","avatar":"https://static.tigerbbs.com/3002bdc87e708da2c63e856ffcf8bdd0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576338139141381","authorIdStr":"3576338139141381"},"htmlText":"It's still a strong company with +ve FCF","listText":"It's still a strong company with +ve FCF","text":"It's still a strong company with +ve FCF","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094151736","repostId":2212169371,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094121457,"gmtCreate":1645089995694,"gmtModify":1676533995869,"author":{"id":"3574820591948277","authorId":"3574820591948277","name":"Lefleur","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574820591948277","authorIdStr":"3574820591948277"},"htmlText":"Sell on news","listText":"Sell on news","text":"Sell on news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094121457","repostId":2212169371,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094121275,"gmtCreate":1645089890692,"gmtModify":1676533995837,"author":{"id":"3560376076037644","authorId":"3560376076037644","name":"eo1668","avatar":"https://static.tigerbbs.com/039a625a00fac8daa05bb87ff64ecd3c","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3560376076037644","authorIdStr":"3560376076037644"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094121275","repostId":2212169371,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094167068,"gmtCreate":1645088747614,"gmtModify":1676533995736,"author":{"id":"3584958427298747","authorId":"3584958427298747","name":"Mhmmdbnmstff","avatar":"https://static.tigerbbs.com/1cda09e25675182d54400a4372a55967","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3584958427298747","authorIdStr":"3584958427298747"},"htmlText":"I’m impressed though&nbsp;","listText":"I’m impressed though&nbsp;","text":"I’m impressed though","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094167068","repostId":2212169371,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094168301,"gmtCreate":1645086025980,"gmtModify":1676533995614,"author":{"id":"4106958589832490","authorId":"4106958589832490","name":"whereareyou","avatar":"https://static.itradeup.com/news/1e1404e84b34f5746764c809e3ee03f2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":0,"idStr":"4106958589832490","authorIdStr":"4106958589832490"},"htmlText":"Oh no..&nbsp;[Gosh]&nbsp;","listText":"Oh no..&nbsp;[Gosh]&nbsp;","text":"Oh no.. [Gosh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094168301","repostId":2212169371,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094169056,"gmtCreate":1645084301095,"gmtModify":1676533995561,"author":{"id":"4107301244908230","authorId":"4107301244908230","name":"ops22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4107301244908230","authorIdStr":"4107301244908230"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094169056","repostId":2212169371,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":53,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2212169371"}