NVDA: Huge Potential to Buy!

ShayBoloor
11-21 12:23

Hello everyone! Today i want to share some trading ideas with you!

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Today is the most anticipated earnings day of the Q3 cycle, with $NVIDIA Corp(NVDA)$ set to report after the bell -- here’s why I’m bullish on the company 👇

AI Leadership

• NVIDIA power over 90% of the world’s AI workloads, with its CUDA platform supported by 4M+ developers.

• Omniverse is used by over 700 companies, enabling industrial digital twins & real-time 3D collaboration.

• The data center segment generated $10.3B in revenue in Q2 -- growing 141% YoY.

Big Tech Partnerships

• Big Tech’s CapEx investments surged from Q2 to Q3:

$Amazon.com(AMZN)$ ($60B → $70B)

$Alphabet(GOOGL)$ ($44B → $49B)

$Microsoft(MSFT)$ ($44B → $49B)

$Meta Platforms, Inc.(META)$ ($29B → $31B)

Gaming Dominance

• GeForce GPUs command over 80% market share in the discrete GPU segment.

Global AI Market Opportunity

• The AI market is projected to grow to $1.6T by 2030, with NVIDIA poised to capture a significant share as the leading AI hardware & software provider.

• NVIDIA leads in edge AI with Jetson, its platform for robotics, drones, & IoT devices -- used by thousands of developers worldwide in a market growing at a 32% CAGR through 2030.

Follow me to learn more about analysis!!

Nvidia Rebound: Still a Long Term Bet?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
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