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...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2212169371?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-02-17 15:41","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2212169371","market":"us","top_or_hot":-1,"title":"Nvidia Underwhelms in First Results Since Scrapping Arm Deal","media":"Bloomberg","content":"<div>\n<p>(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...</p>\n\n<a href=\"https://finance.yahoo.com/news/nvidia-underwhelms-first-results-since-220225298.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Underwhelms in First Results Since Scrapping Arm Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Underwhelms in First Results Since Scrapping Arm Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-17 15:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nvidia-underwhelms-first-results-since-220225298.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(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...</p>\n\n<a href=\"https://finance.yahoo.com/news/nvidia-underwhelms-first-results-since-220225298.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4534","symbol_name":"瑞士信贷持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/nvidia-underwhelms-first-results-since-220225298.html","article_id":"2212169371","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2212169371","pubTimestamp":1645083676,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier th","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","BK4543":"AI","BK4529":"IDC概念","NVDA":"英伟达","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4141":"半导体产品","BK4503":"景林资产持仓","BK4549":"软银资本持仓","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4551":"寇图资本持仓","BK4567":"ESG概念"},"translate_title":"Nvidia自取消Arm交易以来首次业绩平平","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1},"content_text":"(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 the most valuable U.S. chipmaker.Though the company topped Wall Street estimates with its latest quarterly results Wednesday -- and projected strong growth for the current period -- the shares slipped more than 1% in late trading.Chief Executive Officer and co-founder Jensen Huang has turned a niche business -- graphics cards for gamers -- into a chip empire worth more than $600 billion. But investors have high hopes for the company, and even a record-setting quarter can leave them underwhelmed.In the “weird world” of Nvidia, investors’ expectations are always different than the consensus estimate, Vital Knowledge analyst Adam Crisafulli said in a note. Investors may have been looking for more upside, but within the next day or so, they’ll probably come back to the realization that Nvidia has “some of the best fundamental prospects in tech,” he said.There were some weak spots last quarter. Sales of Nvidia’s auto chips were lower than projected. And its adjusted gross margin came in at 67% -- shy of the 67.1% analysts estimated and below what some chipmakers have reported recently. Analog Devices Inc. had a margin of 72% when it delivered its quarterly results earlier Wednesday.Supply constraints also are weighing on Nvidia’s data-center chip business, but the situation is improving, Huang said in a conference call with analysts.“We saw demand constraints pretty much across the entire range,” he said. “We expect supply to improve each and every quarter.”Nvidia is bouncing back from its failed attempt to acquire Arm, a deal that faced regulatory opposition around the world. It terminated the transaction on Feb. 8 and expects to write off $1.36 billion this quarter to account for prepayments it pledged to Arm’s owner, SoftBank Group Corp. Huang said Wednesday that he gave the deal his “best shot.”Nvidia had touted the purchase as a chance to expand its reach into many devices, including smartphones.But even without Arm, Nvidia has been growing more quickly than projected. Revenue in the fiscal first quarter will be about $8.1 billion, the company said Wednesday. 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":null,"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","authorIdStr":"3576338139141381","name":"VDIAMOND","avatar":"https://static.tigerbbs.com/3002bdc87e708da2c63e856ffcf8bdd0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"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","authorIdStr":"3574820591948277","name":"Lefleur","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"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","authorIdStr":"3560376076037644","name":"eo1668","avatar":"https://static.tigerbbs.com/039a625a00fac8daa05bb87ff64ecd3c","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"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","authorIdStr":"3584958427298747","name":"Mhmmdbnmstff","avatar":"https://static.tigerbbs.com/1cda09e25675182d54400a4372a55967","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"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","authorIdStr":"4106958589832490","name":"whereareyou","avatar":"https://static.itradeup.com/news/1e1404e84b34f5746764c809e3ee03f2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":0,"idStr":"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","authorIdStr":"4107301244908230","name":"ops22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"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":"4.28.3","shortVersion":"4.28.3","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"}