Yslo personal page - To The Moon

Yslo

Yslo

No personal profile

2Follow

0Followers

0Topic

0Badge

06-21

It smell somethings ?

Nvidia Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million

2023-06-14

Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless

Can Nvidia Stock Price Reach $500? Yes, It's All About AI

2023-05-30

$NVIDIA Corp(NVDA)$ it became too expensive in such short period. Watch out

2023-05-26

$NVIDIA Corp(NVDA)$ Expect it will be 600 by end of year

2023-03-26

$300 should be most reasonable price

Nvidia's Stock Is Up Over 80% This Year. Is It a Buy?

2023-03-20

Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts

The One Big Winner and Many Losers of UBS’s Credit Suisse Rescue

2022-10-08

Historically, it was $2 plus . It will take a longer time for recovery

AMD Misses Sales Estimates By a Mile -- Time to Sell the Stock?

2022-09-03

$NVIDIA Corp(NVDA)$Look like new restrictions will be imposed next Sept . There are many changes in coming future.

2022-08-26

They do not have their own manufacturing Facilities. They need to depend on sub contracter .

2022-08-25

Need to wait 1-3 years to pop up again

Nvidia: Disaster Guidance

2022-04-13

Buy and keep it 5 years . Retirement plan will be successfully

Sorry, the original content has been removed

2022-04-11

Just listen and watch ...

Sorry, the original content has been removed

2022-02-10

$Coca-Cola(KO)$Always a best long term investment , valuable asset

2022-02-09

$Meta Platforms, Inc.(FB)$Can buy more at 190

2021-07-30

Agree their price still can up more , expect 150 to180 next 6 months

AMD: Still Growing, Still Undervalued

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3578819385598847","uuid":"3578819385598847","gmtCreate":1615725361650,"gmtModify":1644394769181,"name":"Yslo","pinyin":"yslo","introduction":"","introductionEn":"","signature":"","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":2,"tweetSize":15,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.13","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":319221341507672,"gmtCreate":1718960542376,"gmtModify":1718960547022,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"It smell somethings ?","listText":"It smell somethings ?","text":"It smell somethings ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319221341507672","repostId":"1138998481","repostType":2,"repost":{"id":"1138998481","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1718957837,"share":"https://ttm.financial/m/news/1138998481?lang=&edition=fundamental","pubTime":"2024-06-21 16:17","market":"us","language":"en","title":"Nvidia Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1138998481","media":"Tiger Newspress","summary":"Nvidia stock falls 1.23% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.","content":"<html><head></head><body><p>Nvidia stock falls 1.7% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/65af4bf145e4b6f4f8c3ced1fc69dc8d\" tg-width=\"789\" tg-height=\"630\"/></p><p>Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.</p><p><img src=\"https://static.tigerbbs.com/b19da8030b35ce672cdec875b990c3c0\" alt=\"\"/></p></body></html>","collect":0,"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 Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million</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 Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-21 16:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia stock falls 1.7% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/65af4bf145e4b6f4f8c3ced1fc69dc8d\" tg-width=\"789\" tg-height=\"630\"/></p><p>Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.</p><p><img src=\"https://static.tigerbbs.com/b19da8030b35ce672cdec875b990c3c0\" alt=\"\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138998481","content_text":"Nvidia stock falls 1.7% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187301787226216,"gmtCreate":1686755785653,"gmtModify":1686755789962,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless&nbsp;","listText":"Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless&nbsp;","text":"Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187301787226216","repostId":"2343345624","repostType":2,"repost":{"id":"2343345624","kind":"highlight","pubTimestamp":1686731945,"share":"https://ttm.financial/m/news/2343345624?lang=&edition=fundamental","pubTime":"2023-06-14 16:39","market":"us","language":"en","title":"Can Nvidia Stock Price Reach $500? Yes, It's All About AI","url":"https://stock-news.laohu8.com/highlight/detail?id=2343345624","media":"seekingalpha","summary":"Justin Sullivan/Getty Images News Elevator Pitch My Buy investment rating for Nvidia Corporation  shares stays intact. In my prior update for NVDA, written on April 6, 2023, I noted my expectations of \"Nvidia's shares rising above $300\" taking into account the fact that it \"is well-positioned to leverage on generative AI growth opportunities.\" Nvidia Corporation's stock price has since risen by +46%  to close at $394.82 as of June 12, 2023. I determine that there is a very good chance of NVDA's shares going up further to $500 with the current article, which supports my Buy rating for the stock. Nvidia Corporation has yet to fully exploit AI-related growth opportunities, and the implied price/earnings to growth or PEG multiple for NVDA at the $500 price level is still pretty reasonable. Is Nvidia Stock Expected To Go Up Further?","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Recent metrics disclosed by Nvidia Corporation indicate that the company&#39;s growth potential associated with AI is much more substantial than expected.</p></li><li><p>A $500 stock price is within reach for Nvidia, considering that the implied PEG multiple of 1.28 times isn&#39;t excessive.</p></li><li><p>I stick with my Buy rating for Nvidia Corporation, as a $500 target price is equivalent to a decent upside of +27%.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d51d9ab95648a09e72e7a3cf3b2599ea\" tg-width=\"750\" tg-height=\"505\"/></p><h2>Elevator Pitch</h2><p>My Buy investment rating for <strong>Nvidia Corporation</strong> (NASDAQ:NVDA) shares stays intact.</p><p>In my prior update for NVDA, written on April 6, 2023, I noted my expectations of &#34;Nvidia&#39;s shares rising above $300&#34; taking into account the fact that it &#34;is well-positioned to leverage on generative AI growth opportunities.&#34; Nvidia Corporation&#39;s stock price has since risen by +46% (source: Seeking Alpha price data) to close at $394.82 as of June 12, 2023.</p><p>I determine that there is a very good chance of NVDA&#39;s shares going up further to $500 with the current article, which supports my Buy rating for the stock. Nvidia Corporation has yet to fully exploit AI-related growth opportunities, and the implied price/earnings to growth or PEG multiple for NVDA at the $500 price level is still pretty reasonable.</p><h2>Is Nvidia Stock Expected To Go Up Further?</h2><p>In my view, Nvidia Corporation&#39;s shares still have legs to run, notwithstanding its +176% stock price gain in 2023 year-to-date.</p><p>NVDA&#39;s disclosures at the company&#39;s recent investor events imply that the company has only begun to scratch the surface of the AI growth opportunity.</p><p>In the subsequent section, I highlight key takeaways from Nvidia&#39;s participation in Bank of America&#39;s (BAC) investor event, and the company&#39;s most recent quarterly results call.</p><h2>NVDA Stock Key Metrics</h2><p>In early June, both NVDA&#39;s CFO Colette Kress and Gaming SVP Jeff Fisher took part in Bank of America&#39;s 2023 Global Technology Conference. Insights from CFO Colette Kress&#39; meeting with BAC&#39;s institutional clients are drawn from the bank&#39;s June 7, 2023, research report (not publicly available) titled &#34;Tech Conf. Takeaways: Solid Meetings With CFO&#34;, while Gaming SVP Jeff Fisher&#39;s comments are sourced from Seeking Alpha&#39;s event transcript.</p><p>There are three key metrics revealed at BAC&#39;s 2023 Global Technology Conference on June 6, 2023 which are worthy of note for investors.</p><p>The first metric is Nvidia Corporation&#39;s market share for AI training and AI inference. As per BAC&#39;s June 7, 2023, research report, NVDA currently boasts a market share in excess of 90% for &#34;AI applications (which) are dominated by training today,&#34; but Nvidia&#39;s share of the AI inference market is estimated to be a &#34;mid-single digit&#34; percentage. With my earlier April 6, 2023 write-up, I also cited Morgan Stanley&#39;s (MS) forecast of a &#34;10-fold&#34; increase in NVDA&#39;s &#34;annual AI inference revenue&#34; in &#34;the next five years.&#34; In other words, it will be fair to assume that Nvidia is in the early innings of fully capitalizing on the rise of generative AI.</p><p>The second metric is NVDA&#39;s data center client mix. CSPs (Cloud Service Providers), enterprises and consumer internet companies account for approximately 40%, 30%, and 30% of the company&#39;s data center business, respectively according to Bank of America&#39;s June 7 report. This means that it isn&#39;t a single dominant client group driving up data center demand. Instead, all of Nvidia&#39;s various client groups see the potential of generative AI, which implies that AI-related demand for NVDA&#39;s data center business is likely sustainable.</p><p>The third metric is Nvidia&#39;s share of the gaming market. At BAC&#39;s Tech Conference, NVDA&#39;s SVP of Gaming Jeff Fisher mentioned about &#34;new things like AI and ACE (Avatar Cloud Engine)&#34; when asked a question about whether the company can defend its &#34;strong 70%-80% market share among enthusiast gamers.&#34; Earlier on May 28, 2023, NVDA disclosed that it had introduced &#34;ACE for Games, a custom AI model foundry service that transforms games by bringing intelligence to non-playable characters (NPCs).&#34; This is an example of how AI could reinforce Nvidia&#39;s competitive edge for the gaming business and extend its growth runway.</p><p>Separately, Nvidia Corporation also previously highlighted a key metric at its Q1 FY 2024 (YE January 31) earnings call on May 24, 2023. NVDA stressed at the company&#39;s most recent quarter results briefing that &#34;the world&#39;s $1 trillion data center is nearly populated entirely by CPUs today&#34; and &#34;basically unaccelerated.&#34;</p><p>Looking ahead, I have emphasized the shift in AI &#34;workloads from CPUs to GPUs&#34; with my April 6 article, which will benefit Nvidia Corporation. NVDA also noted at its first quarter results call that it expects future data center capital expenditures &#34;would lean very heavily into generative AI, into accelerated computing infrastructure&#34; with a substantial increase in &#34;GPUs that would be used.&#34;</p><p>In summary, Nvidia&#39;s stock still has upside potential, as the company has a very long growth runway in the age of generative AI. Having determined that NVDA&#39;s share price can go up higher, I discuss how high Nvidia&#39;s stock can specifically reach in the next two sections</p><h2>What Are Current Analyst Price Targets?</h2><p>The mean sell-side target price for Nvidia Corporation is $444.49 now, which implies a +12.6% upside from NVDA&#39;s last done share price of $394.82 as of June 12, 2023. But the most bullish analyst on the Street currently thinks that Nvidia&#39;s share price can go up to as high as $710.</p><h2>What Is The Long-Term Outlook?</h2><p>Considering Nvidia&#39;s recently disclosed metrics highlighted above, the AI growth potential for NVDA appears to be much larger than what the market has initially anticipated. This is reflected in the sell-side&#39;s financial outlook for the company in the long run.</p><p>As per <em>S&amp;P Capital IQ</em> data, the current Wall Street analysts&#39; consensus FY 2024-2028 normalized earnings per share or EPS CAGR projection is an impressive +43.5%. As a reference, I have cited a relatively more modest sell-side&#39;s forward four-year bottom line CAGR estimate of +32.8% for NVDA in my April 6 write-up. It is clear that analysts are now much more bullish on Nvidia Corporation&#39;s long term growth prospects.</p><h2>Can Nvidia Reach $500?</h2><p>I think that NVDA&#39;s shares can reach the $500 mark.</p><p>Nvidia Corporation will trade at an estimated PEG multiple of 1.28 times, assuming that its stock price goes up to $500. NVDA&#39;s PEG metric is calculated by dividing its consensus forward next twelve months&#39; P/E (based on $500 share price) of 55.7 times by its normalized EPS CAGR forecast of +43.5%.</p><p>Considering that high-growth companies can command a PEG ratio of 1.5 times or even higher, NVDA&#39;s PEG metric of 1.28 times as implied by a $500 price target doesn&#39;t seem too demanding.</p><h2>Bottom Line</h2><p>Based on my analysis, Nvidia&#39;s stock has room to rise further thanks to AI-related growth opportunities, and it won&#39;t be unreasonable for the company&#39;s share price to hit the $500 mark. Therefore, I don&#39;t see any reasons to change my bullish view and Buy rating for Nvidia Corporation stock.</p></body></html>","source":"seekingalpha","collect":0,"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>Can Nvidia Stock Price Reach $500? Yes, It's All About AI</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\">\nCan Nvidia Stock Price Reach $500? Yes, It's All About AI\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-14 16:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611212-can-nvidia-stock-price-reach-500><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryRecent metrics disclosed by Nvidia Corporation indicate that the company's growth potential associated with AI is much more substantial than expected.A $500 stock price is within reach for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611212-can-nvidia-stock-price-reach-500\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4548":"巴美列捷福持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4532":"文艺复兴科技持仓","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4553":"喜马拉雅资本持仓","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4534":"瑞士信贷持仓","NVDA":"英伟达","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","BK4559":"巴菲特持仓","BK4543":"AI","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4141":"半导体产品","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4503":"景林资产持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4207":"综合性银行","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4581":"高盛持仓","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD"},"source_url":"https://seekingalpha.com/article/4611212-can-nvidia-stock-price-reach-500","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343345624","content_text":"SummaryRecent metrics disclosed by Nvidia Corporation indicate that the company's growth potential associated with AI is much more substantial than expected.A $500 stock price is within reach for Nvidia, considering that the implied PEG multiple of 1.28 times isn't excessive.I stick with my Buy rating for Nvidia Corporation, as a $500 target price is equivalent to a decent upside of +27%.Elevator PitchMy Buy investment rating for Nvidia Corporation (NASDAQ:NVDA) shares stays intact.In my prior update for NVDA, written on April 6, 2023, I noted my expectations of \"Nvidia's shares rising above $300\" taking into account the fact that it \"is well-positioned to leverage on generative AI growth opportunities.\" Nvidia Corporation's stock price has since risen by +46% (source: Seeking Alpha price data) to close at $394.82 as of June 12, 2023.I determine that there is a very good chance of NVDA's shares going up further to $500 with the current article, which supports my Buy rating for the stock. Nvidia Corporation has yet to fully exploit AI-related growth opportunities, and the implied price/earnings to growth or PEG multiple for NVDA at the $500 price level is still pretty reasonable.Is Nvidia Stock Expected To Go Up Further?In my view, Nvidia Corporation's shares still have legs to run, notwithstanding its +176% stock price gain in 2023 year-to-date.NVDA's disclosures at the company's recent investor events imply that the company has only begun to scratch the surface of the AI growth opportunity.In the subsequent section, I highlight key takeaways from Nvidia's participation in Bank of America's (BAC) investor event, and the company's most recent quarterly results call.NVDA Stock Key MetricsIn early June, both NVDA's CFO Colette Kress and Gaming SVP Jeff Fisher took part in Bank of America's 2023 Global Technology Conference. Insights from CFO Colette Kress' meeting with BAC's institutional clients are drawn from the bank's June 7, 2023, research report (not publicly available) titled \"Tech Conf. Takeaways: Solid Meetings With CFO\", while Gaming SVP Jeff Fisher's comments are sourced from Seeking Alpha's event transcript.There are three key metrics revealed at BAC's 2023 Global Technology Conference on June 6, 2023 which are worthy of note for investors.The first metric is Nvidia Corporation's market share for AI training and AI inference. As per BAC's June 7, 2023, research report, NVDA currently boasts a market share in excess of 90% for \"AI applications (which) are dominated by training today,\" but Nvidia's share of the AI inference market is estimated to be a \"mid-single digit\" percentage. With my earlier April 6, 2023 write-up, I also cited Morgan Stanley's (MS) forecast of a \"10-fold\" increase in NVDA's \"annual AI inference revenue\" in \"the next five years.\" In other words, it will be fair to assume that Nvidia is in the early innings of fully capitalizing on the rise of generative AI.The second metric is NVDA's data center client mix. CSPs (Cloud Service Providers), enterprises and consumer internet companies account for approximately 40%, 30%, and 30% of the company's data center business, respectively according to Bank of America's June 7 report. This means that it isn't a single dominant client group driving up data center demand. Instead, all of Nvidia's various client groups see the potential of generative AI, which implies that AI-related demand for NVDA's data center business is likely sustainable.The third metric is Nvidia's share of the gaming market. At BAC's Tech Conference, NVDA's SVP of Gaming Jeff Fisher mentioned about \"new things like AI and ACE (Avatar Cloud Engine)\" when asked a question about whether the company can defend its \"strong 70%-80% market share among enthusiast gamers.\" Earlier on May 28, 2023, NVDA disclosed that it had introduced \"ACE for Games, a custom AI model foundry service that transforms games by bringing intelligence to non-playable characters (NPCs).\" This is an example of how AI could reinforce Nvidia's competitive edge for the gaming business and extend its growth runway.Separately, Nvidia Corporation also previously highlighted a key metric at its Q1 FY 2024 (YE January 31) earnings call on May 24, 2023. NVDA stressed at the company's most recent quarter results briefing that \"the world's $1 trillion data center is nearly populated entirely by CPUs today\" and \"basically unaccelerated.\"Looking ahead, I have emphasized the shift in AI \"workloads from CPUs to GPUs\" with my April 6 article, which will benefit Nvidia Corporation. NVDA also noted at its first quarter results call that it expects future data center capital expenditures \"would lean very heavily into generative AI, into accelerated computing infrastructure\" with a substantial increase in \"GPUs that would be used.\"In summary, Nvidia's stock still has upside potential, as the company has a very long growth runway in the age of generative AI. Having determined that NVDA's share price can go up higher, I discuss how high Nvidia's stock can specifically reach in the next two sectionsWhat Are Current Analyst Price Targets?The mean sell-side target price for Nvidia Corporation is $444.49 now, which implies a +12.6% upside from NVDA's last done share price of $394.82 as of June 12, 2023. But the most bullish analyst on the Street currently thinks that Nvidia's share price can go up to as high as $710.What Is The Long-Term Outlook?Considering Nvidia's recently disclosed metrics highlighted above, the AI growth potential for NVDA appears to be much larger than what the market has initially anticipated. This is reflected in the sell-side's financial outlook for the company in the long run.As per S&P Capital IQ data, the current Wall Street analysts' consensus FY 2024-2028 normalized earnings per share or EPS CAGR projection is an impressive +43.5%. As a reference, I have cited a relatively more modest sell-side's forward four-year bottom line CAGR estimate of +32.8% for NVDA in my April 6 write-up. It is clear that analysts are now much more bullish on Nvidia Corporation's long term growth prospects.Can Nvidia Reach $500?I think that NVDA's shares can reach the $500 mark.Nvidia Corporation will trade at an estimated PEG multiple of 1.28 times, assuming that its stock price goes up to $500. NVDA's PEG metric is calculated by dividing its consensus forward next twelve months' P/E (based on $500 share price) of 55.7 times by its normalized EPS CAGR forecast of +43.5%.Considering that high-growth companies can command a PEG ratio of 1.5 times or even higher, NVDA's PEG metric of 1.28 times as implied by a $500 price target doesn't seem too demanding.Bottom LineBased on my analysis, Nvidia's stock has room to rise further thanks to AI-related growth opportunities, and it won't be unreasonable for the company's share price to hit the $500 mark. Therefore, I don't see any reasons to change my bullish view and Buy rating for Nvidia Corporation stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182068596871296,"gmtCreate":1685459581554,"gmtModify":1685459584956,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>it became too expensive in such short period. Watch out","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>it became too expensive in such short period. Watch out","text":"$NVIDIA Corp(NVDA)$ it became too expensive in such short period. Watch out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182068596871296","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979099815,"gmtCreate":1685103169338,"gmtModify":1685103173605,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>Expect it will be 600 by end of year","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>Expect it will be 600 by end of year","text":"$NVIDIA Corp(NVDA)$ Expect it will be 600 by end of year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979099815","isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941036636,"gmtCreate":1679816521326,"gmtModify":1679816524546,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"$300 should be most reasonable price&nbsp;","listText":"$300 should be most reasonable price&nbsp;","text":"$300 should be most reasonable price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941036636","repostId":"2322777791","repostType":2,"repost":{"id":"2322777791","kind":"highlight","pubTimestamp":1679795173,"share":"https://ttm.financial/m/news/2322777791?lang=&edition=fundamental","pubTime":"2023-03-26 09:46","market":"us","language":"en","title":"Nvidia's Stock Is Up Over 80% This Year. Is It a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2322777791","media":"Motley Fool","summary":"Nvidia's stock has become quite expensive.","content":"<html><head></head><body><p>In the past year,<b> Nvidia</b> has given shareholders quite a roller coaster ride. Since the beginning of 2023, Nvidia&#39;s stock has been up over 80%. However, that comes on the heels of a 50% drop in 2022.</p><p>With how much Nvidia&#39;s stock has risen in 2023, many investors may question if they&#39;ve missed the move on Nvidia&#39;s stock or if there is more room to go, as the stock is still down 18% from its high. So let&#39;s look and determine if Nvidia has reached its ceiling.</p><h2>Nvidia still has one primary product</h2><p>Nvidia depends on one thing: graphic processing units (GPUs). After all, these pieces of computational equipment don&#39;t just make visuals in gaming computers; they can be used to process calculations, run data centers, and create powerful artificial intelligence (AI) solutions.</p><p>Historically, Nvidia has been exposed to the ups and downs of the personal computing market. With Nvidia diversifying away into less recession-prone segments like data centers, it levels out the demand cycle. However, Nvidia still derives much revenue from the gaming and cryptocurrency industries (GPUs are utilized to mine cryptocurrency), so Nvidia still feels cyclical effects.</p><p>AI is one area Nvidia believes can deliver increased demand for its products. At both the data center and PC levels, Nvidia offers products that can power AI computations. However, Nvidia&#39;s latest quarter wasn&#39;t the greatest, even with this broad product range.</p><h2>Nvidia&#39;s Q4 wasn&#39;t special</h2><p>During Nvidia&#39;s fourth quarter of fiscal 2023 (ended Jan. 29), revenue fell 21%, mainly because its gaming division fell 46% year over year. Nvidia&#39;s largest segment, data center, only grew 11% over last year and decreased by 6% compared to the third quarter. This is a big concern for a segment that hasn&#39;t historically displayed cyclicality.</p><p>To make matters worse, Nvidia&#39;s first-quarter guidance was relatively weak, with revenue expected to be $6.5 billion, down 22% from last year.</p><p>So why is a stock that is shrinking its revenue up more than 80% this year? In my opinion, the market has gotten way ahead of itself.</p><p>With how much hype AI has experienced over the past quarter, Nvidia has been identified as an obvious winner, which is probably a fair assessment. However, Nvidia hasn&#39;t executed on this hype yet, even though many investors have already bought in.</p><p>Additionally, Nvidia&#39;s earnings are going in the wrong way. Net income fell 53% in Q4, which brings its price-to-earnings (P/E) ratio to an absurd level.</p><p><img src=\"https://static.tigerbbs.com/8023bb72b664060b7a909a20862a37e6\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NVDA P/E Ratio data by YCharts.</p><p>Some critics might point out that using a P/E ratio isn&#39;t fair right now because the business is going through a downturn, so earnings won&#39;t be optimized. However, even if you utilize the price-to-sales (P/S) ratio, which gives the stock the benefit of the doubt, it&#39;s basically around the same levels as 2021, which caused the stock to crash in 2022.</p><p><img src=\"https://static.tigerbbs.com/db8a7145cc2cd0fe4a39d4439e7a6503\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NVDA P/S Ratio data by YCharts.</p><p>While I&#39;m bullish on Nvidia&#39;s prospects as a company, thanks to its superior GPU technology and exposure to AI, the stock is just too expensive to touch. Trading at 24 times sales makes it expensive for a software stock growing at 50% each year, a ridiculous valuation for a somewhat-cyclical hardware company whose revenue is shrinking.</p><p>I&#39;ll gladly add more if Nvidia&#39;s stock returns to a sane valuation level. But with how the company is executing right now, I think there will be better times to invest in the stock.</p></body></html>","source":"fool_stock","collect":0,"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's Stock Is Up Over 80% This Year. Is It a Buy?</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's Stock Is Up Over 80% This Year. Is It a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-26 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/25/nvidias-stock-is-up-over-80-this-year-is-it-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the past year, Nvidia has given shareholders quite a roller coaster ride. Since the beginning of 2023, Nvidia's stock has been up over 80%. However, that comes on the heels of a 50% drop in 2022....</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/25/nvidias-stock-is-up-over-80-this-year-is-it-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","BK4529":"IDC概念","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","NVDA":"英伟达","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4528":"SaaS概念","BK4023":"应用软件","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4567":"ESG概念","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","SG9999002232.USD":"Allianz Global High Payout USD","BK4587":"ChatGPT概念","LU2063271972.USD":"富兰克林创新领域基金","SG9999002224.SGD":"Allianz Global High Payout SGD","BK4527":"明星科技股","BK4543":"AI","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4503":"景林资产持仓","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4551":"寇图资本持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4581":"高盛持仓","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4549":"软银资本持仓","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD"},"source_url":"https://www.fool.com/investing/2023/03/25/nvidias-stock-is-up-over-80-this-year-is-it-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322777791","content_text":"In the past year, Nvidia has given shareholders quite a roller coaster ride. Since the beginning of 2023, Nvidia's stock has been up over 80%. However, that comes on the heels of a 50% drop in 2022.With how much Nvidia's stock has risen in 2023, many investors may question if they've missed the move on Nvidia's stock or if there is more room to go, as the stock is still down 18% from its high. So let's look and determine if Nvidia has reached its ceiling.Nvidia still has one primary productNvidia depends on one thing: graphic processing units (GPUs). After all, these pieces of computational equipment don't just make visuals in gaming computers; they can be used to process calculations, run data centers, and create powerful artificial intelligence (AI) solutions.Historically, Nvidia has been exposed to the ups and downs of the personal computing market. With Nvidia diversifying away into less recession-prone segments like data centers, it levels out the demand cycle. However, Nvidia still derives much revenue from the gaming and cryptocurrency industries (GPUs are utilized to mine cryptocurrency), so Nvidia still feels cyclical effects.AI is one area Nvidia believes can deliver increased demand for its products. At both the data center and PC levels, Nvidia offers products that can power AI computations. However, Nvidia's latest quarter wasn't the greatest, even with this broad product range.Nvidia's Q4 wasn't specialDuring Nvidia's fourth quarter of fiscal 2023 (ended Jan. 29), revenue fell 21%, mainly because its gaming division fell 46% year over year. Nvidia's largest segment, data center, only grew 11% over last year and decreased by 6% compared to the third quarter. This is a big concern for a segment that hasn't historically displayed cyclicality.To make matters worse, Nvidia's first-quarter guidance was relatively weak, with revenue expected to be $6.5 billion, down 22% from last year.So why is a stock that is shrinking its revenue up more than 80% this year? In my opinion, the market has gotten way ahead of itself.With how much hype AI has experienced over the past quarter, Nvidia has been identified as an obvious winner, which is probably a fair assessment. However, Nvidia hasn't executed on this hype yet, even though many investors have already bought in.Additionally, Nvidia's earnings are going in the wrong way. Net income fell 53% in Q4, which brings its price-to-earnings (P/E) ratio to an absurd level.NVDA P/E Ratio data by YCharts.Some critics might point out that using a P/E ratio isn't fair right now because the business is going through a downturn, so earnings won't be optimized. However, even if you utilize the price-to-sales (P/S) ratio, which gives the stock the benefit of the doubt, it's basically around the same levels as 2021, which caused the stock to crash in 2022.NVDA P/S Ratio data by YCharts.While I'm bullish on Nvidia's prospects as a company, thanks to its superior GPU technology and exposure to AI, the stock is just too expensive to touch. Trading at 24 times sales makes it expensive for a software stock growing at 50% each year, a ridiculous valuation for a somewhat-cyclical hardware company whose revenue is shrinking.I'll gladly add more if Nvidia's stock returns to a sane valuation level. But with how the company is executing right now, I think there will be better times to invest in the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943183159,"gmtCreate":1679277180471,"gmtModify":1679277185339,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts&nbsp;","listText":"Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts&nbsp;","text":"Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943183159","repostId":"2320521639","repostType":2,"repost":{"id":"2320521639","kind":"highlight","pubTimestamp":1679274130,"share":"https://ttm.financial/m/news/2320521639?lang=&edition=fundamental","pubTime":"2023-03-20 09:02","market":"us","language":"en","title":"The One Big Winner and Many Losers of UBS’s Credit Suisse Rescue","url":"https://stock-news.laohu8.com/highlight/detail?id=2320521639","media":"Bloomberg","summary":"UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, gover","content":"<html><head></head><body><p>UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers.</p><p>After a weekend of frantic talks to forge a solution before markets opened in Asia, the firm struck a deal to buy its smaller rival for about $3.3 billion in an share deal that includes extensive guarantees and liquidity provisions. Here are some of the big winners and losers to emerge from the deal.</p><p>The Winner: Ralph Hamers</p><p>UBS’s chief executive officer will see the bank’s wealth and asset management invested assets soar to about $5 trillion and got a special waiver to keep Credit Suisse’s profitable Swiss unit that many analysts said was worth more than triple what UBS paid for the whole firm.</p><p>Ralph Hamers, the former ING Groep NV executive, and his team will have plenty to work through as they consider which businesses and people to keep, alter or jettison. But he’ll have 56 billion francs of so-called badwill to help cover any writedowns, as well as 9 billion francs of guarantees from the Swiss government to take on certain losses. And the firm can access a huge liquidity line from the central bank.</p><p>While UBS will suspend its share buybacks for now, it said it’s still committed to a progressive dividend.</p><p>The (Many) Losers:</p><p>Credit Suisse’s Top Shareholders</p><p>Gulf investors old and new are hurting. Saudi National Bank’s investment was stunning in its brevity: the lender lost 1.1 billion francs less than 15 weeks from when it finished buying its stake in Credit Suisse’s latest capital raise. The firm thought it was buying at a bargain when it became the Swiss bank’s largest shareholder just a few months ago. Saudi National Bank’s chairman helped fuel the panic this week when he ruled out raising its stake in Credit Suisse.</p><p>The Qatar Investment Authority’s pain came over a much longer period, as it first invested in the last financial crisis, but it likely lost an even greater amount. In addition to being the bank’s second-biggest holder, it had owned in the past the firm’s AT1 bonds that were written to zero in the deal, though it’s unclear if QIA still held that debt. Shareholders won’t even get to vote on this deal after Switzerland changed its rules to rush the merger through.</p><p>Ulrich Koerner</p><p>Credit Suisse’s chief executive officer is expected to depart, having inherited a broken lender that he was unable to revive. Ulrich Koerner, who only took the top job last summer, had already mapped out a plan to cut back risk after a torrent of scandals and losses to focus more on wealth management. Bolder still was a plan to break out the bank’s best-performing investment banking businesses. But the firm was unable to recover from a crisis of confidence that caused billions of dollars to exit in October. In recent days, the pressure intensified until the Swiss government was forced to step in.</p><p>Michael Klein</p><p>The former Citigroup Inc. investment bank head’s grand plan to revive the First Boston brand and build it into a Wall Street advisory powerhouse now looks in ashes. Michael Klein, who had been tapped to lead the CSFB spinoff, was already in the process of selling his advisory boutique to Credit Suisse for a consideration of about $210 million when the bank’s fortunes suddenly unraveled in recent weeks. While UBS Chairman Colm Kelleher didn’t directly address CSFB at a press conference late Sunday, he did indicate that the firm was happy with its own investment bank and planned to cut back Credit Suisse’s substantially as well as pare back risk.</p><p>AT1 Bondholders</p><p>Bond investors are typically better protected from losses than shareholders, but not in this case. The Swiss regulator will impose losses on $17 billion of high-risk debt known as Additional Tier 1 bonds that make up part of a buffer of debt and equity intended to prevent taxpayers from having to shoulder the bill for a bank’s collapse. The total writedown marked the biggest loss yet for Europe’s $275 billion AT1 market. Shareholders, who typically are first to take a hit in a writedown scenario, got at least a small consideration.</p><p>Swiss regulators</p><p>Finma became the first regulator to watch a bank deemed systemically important have to be rescued since the financial crisis. The Swiss government had to step in an provide billions of francs in guarantees to UBS and the central bank was forced to provide extensive liquidity backstops to facilitate the rescue, putting taxpayers at risk 15 years after they bailed out UBS. Swiss Finance Minister Karin Keller-Sutter acknowledged it was the only way to stabilize international financial markets.</p></body></html>","source":"yahoofinance_sg","collect":0,"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>The One Big Winner and Many Losers of UBS’s Credit Suisse Rescue</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\">\nThe One Big Winner and Many Losers of UBS’s Credit Suisse Rescue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/one-big-winner-many-losers-230133489.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers.After a weekend of frantic ...</p>\n\n<a href=\"https://finance.yahoo.com/news/one-big-winner-many-losers-230133489.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"https://finance.yahoo.com/news/one-big-winner-many-losers-230133489.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320521639","content_text":"UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers.After a weekend of frantic talks to forge a solution before markets opened in Asia, the firm struck a deal to buy its smaller rival for about $3.3 billion in an share deal that includes extensive guarantees and liquidity provisions. Here are some of the big winners and losers to emerge from the deal.The Winner: Ralph HamersUBS’s chief executive officer will see the bank’s wealth and asset management invested assets soar to about $5 trillion and got a special waiver to keep Credit Suisse’s profitable Swiss unit that many analysts said was worth more than triple what UBS paid for the whole firm.Ralph Hamers, the former ING Groep NV executive, and his team will have plenty to work through as they consider which businesses and people to keep, alter or jettison. But he’ll have 56 billion francs of so-called badwill to help cover any writedowns, as well as 9 billion francs of guarantees from the Swiss government to take on certain losses. And the firm can access a huge liquidity line from the central bank.While UBS will suspend its share buybacks for now, it said it’s still committed to a progressive dividend.The (Many) Losers:Credit Suisse’s Top ShareholdersGulf investors old and new are hurting. Saudi National Bank’s investment was stunning in its brevity: the lender lost 1.1 billion francs less than 15 weeks from when it finished buying its stake in Credit Suisse’s latest capital raise. The firm thought it was buying at a bargain when it became the Swiss bank’s largest shareholder just a few months ago. Saudi National Bank’s chairman helped fuel the panic this week when he ruled out raising its stake in Credit Suisse.The Qatar Investment Authority’s pain came over a much longer period, as it first invested in the last financial crisis, but it likely lost an even greater amount. In addition to being the bank’s second-biggest holder, it had owned in the past the firm’s AT1 bonds that were written to zero in the deal, though it’s unclear if QIA still held that debt. Shareholders won’t even get to vote on this deal after Switzerland changed its rules to rush the merger through.Ulrich KoernerCredit Suisse’s chief executive officer is expected to depart, having inherited a broken lender that he was unable to revive. Ulrich Koerner, who only took the top job last summer, had already mapped out a plan to cut back risk after a torrent of scandals and losses to focus more on wealth management. Bolder still was a plan to break out the bank’s best-performing investment banking businesses. But the firm was unable to recover from a crisis of confidence that caused billions of dollars to exit in October. In recent days, the pressure intensified until the Swiss government was forced to step in.Michael KleinThe former Citigroup Inc. investment bank head’s grand plan to revive the First Boston brand and build it into a Wall Street advisory powerhouse now looks in ashes. Michael Klein, who had been tapped to lead the CSFB spinoff, was already in the process of selling his advisory boutique to Credit Suisse for a consideration of about $210 million when the bank’s fortunes suddenly unraveled in recent weeks. While UBS Chairman Colm Kelleher didn’t directly address CSFB at a press conference late Sunday, he did indicate that the firm was happy with its own investment bank and planned to cut back Credit Suisse’s substantially as well as pare back risk.AT1 BondholdersBond investors are typically better protected from losses than shareholders, but not in this case. The Swiss regulator will impose losses on $17 billion of high-risk debt known as Additional Tier 1 bonds that make up part of a buffer of debt and equity intended to prevent taxpayers from having to shoulder the bill for a bank’s collapse. The total writedown marked the biggest loss yet for Europe’s $275 billion AT1 market. Shareholders, who typically are first to take a hit in a writedown scenario, got at least a small consideration.Swiss regulatorsFinma became the first regulator to watch a bank deemed systemically important have to be rescued since the financial crisis. The Swiss government had to step in an provide billions of francs in guarantees to UBS and the central bank was forced to provide extensive liquidity backstops to facilitate the rescue, putting taxpayers at risk 15 years after they bailed out UBS. Swiss Finance Minister Karin Keller-Sutter acknowledged it was the only way to stabilize international financial markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914885353,"gmtCreate":1665235353672,"gmtModify":1676537576558,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Historically, it was $2 plus . It will take a longer time for recovery&nbsp;","listText":"Historically, it was $2 plus . It will take a longer time for recovery&nbsp;","text":"Historically, it was $2 plus . It will take a longer time for recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9914885353","repostId":"2273361809","repostType":2,"repost":{"id":"2273361809","kind":"highlight","pubTimestamp":1665187741,"share":"https://ttm.financial/m/news/2273361809?lang=&edition=fundamental","pubTime":"2022-10-08 08:09","market":"us","language":"en","title":"AMD Misses Sales Estimates By a Mile -- Time to Sell the Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2273361809","media":"Motley Fool","summary":"Third quarter 2022 sales were deeply impacted by a rapid slump in PCs.","content":"<html><head></head><body><p><b>AMD</b> is the latest semiconductor company to report trouble with the PC (personal computer) market. After more than two years of pandemic-fueled spending on work-from-home equipment, the consumer is getting tapped out on desktop and laptop computers. AMD said it will miss its sales guidance for the third quarter of 2022 in dramatic fashion as a result.</p><p>Shares of AMD are in retreat on the news, but not all is hopeless. Think twice before you sell AMD stock now.</p><h2>AMD&#39;s growth is slowing this year</h2><p>AMD said that its Q3 2022 revenue will be about $5.6 billion, a 29% year-over-year increase but a 15% decrease compared to Q2. Management had previously forecasted $6.7 billion in sales for Q3 back in August.</p><p>The company&#39;s data center segment is still sizzling, albeit at a slower pace than before (the segment was up 83% year-over-year in Q2.) But rapidly evaporating PC demand was the culprit for the big miss. Subsequent to the last quarterly report, management said PC sales have fallen, and now the industry is taking &#34;inventory correction actions,&#34; meaning heavy discounting to move inventory surplus.</p><p>It&#39;s a good time to be in the market for a new computer, but for AMD, PC revenue is expected to be down 40% year-over-year in Q3.</p><table><thead><tr><th><p><b>AMD Segments</b></p></th><th><p><b>Q3 2022 Preliminary Revenue</b></p></th><th><p><b>YoY Growth</b></p></th></tr></thead><tbody><tr><td><p><b>Data Center</b></p></td><td><p>$1.6 billion</p></td><td><p>Up 45%</p></td></tr><tr><td><p><b>Client</b></p></td><td><p>$1.0 billion</p></td><td><p>Down 40%</p></td></tr><tr><td><p><b>Gaming</b></p></td><td><p>$1.6 billion</p></td><td><p>Up 14%</p></td></tr><tr><td><p><b>Embedded (Xilinx Acquisition in February)</b></p></td><td><p>$1.3 billion</p></td><td><p>N/A</p></td></tr><tr><td><p><b>Total</b></p></td><td><p>$5.6 billion</p></td><td><p>Up 29%</p></td></tr></tbody></table><p>Data source: AMD.</p><p>In addition to sharply lower sales (offset by the addition of Xilinx, which now makes up the bulk of the &#34;embedded&#34; segment), AMD also said adjusted gross margins on product sold will also be lower at just 50%. That still represents a jump from the 48% adjusted gross margin from the same quarter in 2021, but it&#39;s nonetheless far lower than the 54% originally projected a couple of months ago.</p><h2>The market knew this was coming</h2><p>Before you sell AMD stock, bear in mind this isn&#39;t exactly earth-shattering news. Later in August, <b>Nvidia</b> provided a bleak picture of consumer-facing product sales. And in early October, <b>Micron Technology </b>gave the most concrete warning yet when it said PC unit sales are now expected to decline by a mid-teens percentage for full-year 2022. Clearly, the industry has deteriorated since AMD&#39;s rosy outlook from the summer.</p><p>Investors were not caught unawares. AMD stock has been dinged by over 30% since its Aug. 2 Q2 report. Sure, the stock market overall had a rough go of things, but the Nasdaq Composite Index is only down about 10% over that period.</p><p>In other words, now probably isn&#39;t the time to panic sell. The market has already discounted the likelihood AMD would miss its guidance.</p><p>The best thing to do is reassess the long-term prospects for this business. AMD is still firing away in its data center business and is getting a positive lift from its acquisition of highly profitable Xilinx early this year. And with <b>Intel</b> signaling it still has a long uphill battle ahead in its own recovery, AMD can continue to win semiconductor design market share in the coming years. Though there are stormy seas ahead for the chip industry overall -- especially with consumer electronics oversupply -- this is still very much a healthy place to be invested in the tech sector with lots of secular tailwinds blowing in its favor.</p><p>Investors should stay tuned for the company to provide a full quarterly update on Nov. 1.</p></body></html>","source":"fool_stock","collect":0,"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>AMD Misses Sales Estimates By a Mile -- Time to Sell the Stock?</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\">\nAMD Misses Sales Estimates By a Mile -- Time to Sell the Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-08 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/07/amd-misses-sales-estimates-by-a-mile-time-to-sell/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD is the latest semiconductor company to report trouble with the PC (personal computer) market. After more than two years of pandemic-fueled spending on work-from-home equipment, the consumer is ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/07/amd-misses-sales-estimates-by-a-mile-time-to-sell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","GFS":"GLOBALFOUNDRIES Inc."},"source_url":"https://www.fool.com/investing/2022/10/07/amd-misses-sales-estimates-by-a-mile-time-to-sell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273361809","content_text":"AMD is the latest semiconductor company to report trouble with the PC (personal computer) market. After more than two years of pandemic-fueled spending on work-from-home equipment, the consumer is getting tapped out on desktop and laptop computers. AMD said it will miss its sales guidance for the third quarter of 2022 in dramatic fashion as a result.Shares of AMD are in retreat on the news, but not all is hopeless. Think twice before you sell AMD stock now.AMD's growth is slowing this yearAMD said that its Q3 2022 revenue will be about $5.6 billion, a 29% year-over-year increase but a 15% decrease compared to Q2. Management had previously forecasted $6.7 billion in sales for Q3 back in August.The company's data center segment is still sizzling, albeit at a slower pace than before (the segment was up 83% year-over-year in Q2.) But rapidly evaporating PC demand was the culprit for the big miss. Subsequent to the last quarterly report, management said PC sales have fallen, and now the industry is taking \"inventory correction actions,\" meaning heavy discounting to move inventory surplus.It's a good time to be in the market for a new computer, but for AMD, PC revenue is expected to be down 40% year-over-year in Q3.AMD SegmentsQ3 2022 Preliminary RevenueYoY GrowthData Center$1.6 billionUp 45%Client$1.0 billionDown 40%Gaming$1.6 billionUp 14%Embedded (Xilinx Acquisition in February)$1.3 billionN/ATotal$5.6 billionUp 29%Data source: AMD.In addition to sharply lower sales (offset by the addition of Xilinx, which now makes up the bulk of the \"embedded\" segment), AMD also said adjusted gross margins on product sold will also be lower at just 50%. That still represents a jump from the 48% adjusted gross margin from the same quarter in 2021, but it's nonetheless far lower than the 54% originally projected a couple of months ago.The market knew this was comingBefore you sell AMD stock, bear in mind this isn't exactly earth-shattering news. Later in August, Nvidia provided a bleak picture of consumer-facing product sales. And in early October, Micron Technology gave the most concrete warning yet when it said PC unit sales are now expected to decline by a mid-teens percentage for full-year 2022. Clearly, the industry has deteriorated since AMD's rosy outlook from the summer.Investors were not caught unawares. AMD stock has been dinged by over 30% since its Aug. 2 Q2 report. Sure, the stock market overall had a rough go of things, but the Nasdaq Composite Index is only down about 10% over that period.In other words, now probably isn't the time to panic sell. The market has already discounted the likelihood AMD would miss its guidance.The best thing to do is reassess the long-term prospects for this business. AMD is still firing away in its data center business and is getting a positive lift from its acquisition of highly profitable Xilinx early this year. And with Intel signaling it still has a long uphill battle ahead in its own recovery, AMD can continue to win semiconductor design market share in the coming years. Though there are stormy seas ahead for the chip industry overall -- especially with consumer electronics oversupply -- this is still very much a healthy place to be invested in the tech sector with lots of secular tailwinds blowing in its favor.Investors should stay tuned for the company to provide a full quarterly update on Nov. 1.","news_type":1},"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933026943,"gmtCreate":1662181457483,"gmtModify":1676537014874,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Look like new restrictions will be imposed next Sept . There are many changes in coming future.","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Look like new restrictions will be imposed next Sept . There are many changes in coming future.","text":"$NVIDIA Corp(NVDA)$Look like new restrictions will be imposed next Sept . There are many changes in coming future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933026943","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995448628,"gmtCreate":1661506841766,"gmtModify":1676536532107,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"They do not have their own manufacturing Facilities. They need to depend on sub contracter .&nbsp;","listText":"They do not have their own manufacturing Facilities. They need to depend on sub contracter .&nbsp;","text":"They do not have their own manufacturing Facilities. They need to depend on sub contracter .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995448628","isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995300826,"gmtCreate":1661401402367,"gmtModify":1676536512541,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"&nbsp;Need to wait 1-3 years to pop up again","listText":"&nbsp;Need to wait 1-3 years to pop up again","text":"Need to wait 1-3 years to pop up again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995300826","repostId":"1172569376","repostType":2,"repost":{"id":"1172569376","kind":"news","pubTimestamp":1661399948,"share":"https://ttm.financial/m/news/1172569376?lang=&edition=fundamental","pubTime":"2022-08-25 11:59","market":"us","language":"en","title":"Nvidia: Disaster Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1172569376","media":"Seeking Alpha","summary":"SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more i","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Nvidia reported its second quarter earnings, missing estimates.</li><li>Nvidia&#39;s Q3 guidance is more important, however. Unfortunately, that guidance was horrendous.</li><li>Nvidia is a quality company and well-positioned in the long run. But near-term issues and a too-high valuation make me stay away for now.</li></ul><p><b>Article Thesis</b></p><p>Nvidia Corporation (NASDAQ:NVDA) has just reported its most recent quarterly results. Profits were below expectations, but overall, results were more or less in line with what the market had anticipated, as Nvidia had pre-announced some of its results not too long ago.</p><p>The company&#39;s guidance for the current quarter is much worse than expected, however. Nvidia is clearly feeling hefty pressure from the current crypto winter, and it seems questionable to pay $170 or more per share of Nvidia in the current environment.</p><p><b>Q2 Was Worse Than Expected</b></p><p>Nvidia had pre-announced its revenue results for the second quarter earlier, thus there was no major surprise there - analysts adjusted their models accordingly, and Nvidia met the consensus estimate:</p><p><img src=\"https://static.tigerbbs.com/1c716ed40d45d1089f6ca834756f1e12\" tg-width=\"640\" tg-height=\"123\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>But the company nevertheless missed estimates, as margin compression was worse than expected. In fact, Nvidia saw its gross margin drop massively, showcased by the following table:</p><p><img src=\"https://static.tigerbbs.com/a7f7f877afef390846c2b1ff5b54cef9\" tg-width=\"624\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>The company&#39;s gross margin dropped from a very attractive 67% to a much less attractive 46% over the last year, almost being cut in half. A 46% gross margin isn&#39;t disastrous in absolute terms, but the hefty margin drop naturally has a huge impact on Nvidia&#39;s profitability.</p><p>Nvidia was widely regarded as a high-end semiconductor company that was able to generate very strong margins due to its excellent product quality. But at least for now, that has apparently ended, as its gross margin is far lower than what we have gotten used to in recent years.</p><p>At the same time, Nvidia also saw its operating expenses explode upwards. This includes research and development, sales, but also administrative costs. WhileNvidia was able to grow its revenue by 3% year over year, operating expenses somehow rose by almost 40% - or around<i>13x as much</i> as the company&#39;s revenue. That is pretty bad, and it is not clear why that happened. Higher R&amp;D expenses aren&#39;t bad per se, at least if those result in strong products that improve the longer-term growth outlook.</p><p>But for a growth company like Nvidia, investors generally want to see operating leverage, meaning operating expenses grow less than revenue and gross profit, as this allows a company to grow its profits faster than its sales. The complete opposite of that happened here, as gross margins dropped severely while operating costs rose much more than Nvidia&#39;s sales and gross profit. The steep profit decline of more than 50% is the logical consequence of that ill-timed increase in Nvidia&#39;s operating expenses.</p><p>With earnings per share at $0.50 for the quarter, Nvidia&#39;s EPS is running at a $2 annual rate. That will most likely drop even further in Q3, as indicated by the pretty weak forward guidance (more on that later). Profits are now back at the level seen in early 2020 when earnings per share were in the $0.50 range as well. It&#39;s important to note that Nvidia was trading at as low as $50 back then, whereas Nvidia is trading at $170 right here -- or more than 80x the Q2 earnings run rate.</p><p>These areNvidia&#39;s non-GAAP results, where items such as share-based compensation are already backed out. GAAP profitability was even worse, as GAAP earnings per share came in at $0.26 -- or around $1 annualized, for a 170x earnings multiple. That&#39;s quite expensive for a company with a 3% top-line growth rate.</p><p><b>Nvidia&#39;s Forward Guidance Is Horrendous</b></p><p>I want to note first that I do believe that Nvidia is a quality company with a positive long-term outlook, thanks to its strong position in growth markets such as AI, autonomous driving, etc. I also want to note that I have been a bull on Nvidia in the past, and shares are up since my last bullish article. But when the facts change and the underlying performance is much worse than previously thought, then it makes sense to reflect one&#39;s formerly bullish stance.</p><p>Nvidia&#39;s guidance for the current quarter, Q3, was very bad. The company is forecasting revenues of $5.9 billion for the period, which is not only $1 billion or 15% below the current consensus estimate, but which also indicates a revenue decline of 16.9% versus last year&#39;s Q3 revenue of $7.1 billion. That is comparable to Intel&#39;s (INTC) revenue decline during the most recent quarter, as Intel reported a drop of 17.3% in its top line for the period. In other words, Nvidia is forecasting a revenue drop that is comparable to the one Intel has just reported -- the huge difference is that Intel trades at 2.1x forward sales, whereas Nvidia trades at 15x forward sales, which is a 600% premium relative to how Intel is valued.</p><p>There are good arguments for Nvidia to trade at a premium versus Intel, such as its stronger position in the fast-growing data center market, where Nvidia saw its revenue rise by 60% in Q2, while Intel&#39;s data center dropped. But whether it makes sense for Nvidia to trade at a 600% premium on a sales basis, relative to Intel, while both are seeing their revenues drop, is highly questionable, I believe.</p><p>What&#39;s the explanation for the hefty revenue decline that Nvidia forecasts for the current quarter? It&#39;s not the overall semiconductor market, that&#39;s pretty clear, as the World Semiconductor Trade Statistics, or WSTS, has just announced that overall semiconductor revenues would climb 14% in 2022. WhenNvidia&#39;s revenues are falling by double-digits, while the broad semiconductor industry is growing by double-digits, then there must be other factors at work. In Nvidia&#39;s case, that&#39;s the current crypto winter. WhileNvidia&#39;s chips were useless for Bitcoin mining, they were excellent for Ethereum mining due to the algorithm Ethereum uses, which is very GPU-friendly. With crypto prices plunging in 2022, Nvidia is feeling pressure due to two reasons.</p><p>First, the company can sell fewer chips to crypto miners, as Ethereum mining has become less profitable, which is why demand dropped. At the same time, less demand by crypto miners results in a looser supply-demand picture, which leads to price declines for GPUs. This is further accelerated by the fact that some crypto miners are selling the GPUs they own on secondary markets, which further pressures pricing for new GPUs.</p><p>Due to the current crypto winter, Nvidia is thus feeling a double hit from lower sales volumes and lower average margins. That&#39;s luckily partially made up by the strong performance in other areas, such as data centers. But as the weak guidance for the current quarter shows, Nvidia is not able to fully offset the headwinds from the weak crypto environment. It thus looks like investors have to come to terms with the fact that Nvidia&#39;s strong underlying performance was at least partially driven by crypto enthusiasm. Now that crypto has been in a downtrend for some time, that former tailwind is turning into a headwind.</p><p><b>What&#39;s The Outlook?</b></p><p>In the very long term, Nvidia will still be a solid growth company, I believe. Data center demand will continue to grow. Autonomous driving is a long-term megatrend that will lead to rising demand for Nvidia&#39;s Hyperion platform and similar products. But in the near term, the outlook is far from great.</p><p>SinceNvidia is trading at a pretty high valuation of 46x forward earnings, even before those earnings estimates have declined due to the weaker-than-expected Q3 guidance, I do not believe that Nvidia is a great investment at current prices. There are other semiconductor companies with way better near-term growth outlooks that trade at less than halfNvidia&#39;s earnings multiple, such as AMD (AMD), Broadcom (AVGO), Qualcomm (QCOM), and so on. With those picks being available today, I do not see a great reason to buy Nvidia right now. The long-term outlook is positive, but the near-term issues and too-high valuation make me stay away for now.</p></body></html>","collect":0,"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: Disaster Guidance</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: Disaster Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536839-nvidia-disaster-guidance?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more important, however. Unfortunately, that guidance was horrendous.Nvidia is a quality company and well-...</p>\n\n<a href=\"https://seekingalpha.com/article/4536839-nvidia-disaster-guidance?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4536839-nvidia-disaster-guidance?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172569376","content_text":"SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more important, however. Unfortunately, that guidance was horrendous.Nvidia is a quality company and well-positioned in the long run. But near-term issues and a too-high valuation make me stay away for now.Article ThesisNvidia Corporation (NASDAQ:NVDA) has just reported its most recent quarterly results. Profits were below expectations, but overall, results were more or less in line with what the market had anticipated, as Nvidia had pre-announced some of its results not too long ago.The company's guidance for the current quarter is much worse than expected, however. Nvidia is clearly feeling hefty pressure from the current crypto winter, and it seems questionable to pay $170 or more per share of Nvidia in the current environment.Q2 Was Worse Than ExpectedNvidia had pre-announced its revenue results for the second quarter earlier, thus there was no major surprise there - analysts adjusted their models accordingly, and Nvidia met the consensus estimate:Seeking AlphaBut the company nevertheless missed estimates, as margin compression was worse than expected. In fact, Nvidia saw its gross margin drop massively, showcased by the following table:Seeking AlphaThe company's gross margin dropped from a very attractive 67% to a much less attractive 46% over the last year, almost being cut in half. A 46% gross margin isn't disastrous in absolute terms, but the hefty margin drop naturally has a huge impact on Nvidia's profitability.Nvidia was widely regarded as a high-end semiconductor company that was able to generate very strong margins due to its excellent product quality. But at least for now, that has apparently ended, as its gross margin is far lower than what we have gotten used to in recent years.At the same time, Nvidia also saw its operating expenses explode upwards. This includes research and development, sales, but also administrative costs. WhileNvidia was able to grow its revenue by 3% year over year, operating expenses somehow rose by almost 40% - or around13x as much as the company's revenue. That is pretty bad, and it is not clear why that happened. Higher R&D expenses aren't bad per se, at least if those result in strong products that improve the longer-term growth outlook.But for a growth company like Nvidia, investors generally want to see operating leverage, meaning operating expenses grow less than revenue and gross profit, as this allows a company to grow its profits faster than its sales. The complete opposite of that happened here, as gross margins dropped severely while operating costs rose much more than Nvidia's sales and gross profit. The steep profit decline of more than 50% is the logical consequence of that ill-timed increase in Nvidia's operating expenses.With earnings per share at $0.50 for the quarter, Nvidia's EPS is running at a $2 annual rate. That will most likely drop even further in Q3, as indicated by the pretty weak forward guidance (more on that later). Profits are now back at the level seen in early 2020 when earnings per share were in the $0.50 range as well. It's important to note that Nvidia was trading at as low as $50 back then, whereas Nvidia is trading at $170 right here -- or more than 80x the Q2 earnings run rate.These areNvidia's non-GAAP results, where items such as share-based compensation are already backed out. GAAP profitability was even worse, as GAAP earnings per share came in at $0.26 -- or around $1 annualized, for a 170x earnings multiple. That's quite expensive for a company with a 3% top-line growth rate.Nvidia's Forward Guidance Is HorrendousI want to note first that I do believe that Nvidia is a quality company with a positive long-term outlook, thanks to its strong position in growth markets such as AI, autonomous driving, etc. I also want to note that I have been a bull on Nvidia in the past, and shares are up since my last bullish article. But when the facts change and the underlying performance is much worse than previously thought, then it makes sense to reflect one's formerly bullish stance.Nvidia's guidance for the current quarter, Q3, was very bad. The company is forecasting revenues of $5.9 billion for the period, which is not only $1 billion or 15% below the current consensus estimate, but which also indicates a revenue decline of 16.9% versus last year's Q3 revenue of $7.1 billion. That is comparable to Intel's (INTC) revenue decline during the most recent quarter, as Intel reported a drop of 17.3% in its top line for the period. In other words, Nvidia is forecasting a revenue drop that is comparable to the one Intel has just reported -- the huge difference is that Intel trades at 2.1x forward sales, whereas Nvidia trades at 15x forward sales, which is a 600% premium relative to how Intel is valued.There are good arguments for Nvidia to trade at a premium versus Intel, such as its stronger position in the fast-growing data center market, where Nvidia saw its revenue rise by 60% in Q2, while Intel's data center dropped. But whether it makes sense for Nvidia to trade at a 600% premium on a sales basis, relative to Intel, while both are seeing their revenues drop, is highly questionable, I believe.What's the explanation for the hefty revenue decline that Nvidia forecasts for the current quarter? It's not the overall semiconductor market, that's pretty clear, as the World Semiconductor Trade Statistics, or WSTS, has just announced that overall semiconductor revenues would climb 14% in 2022. WhenNvidia's revenues are falling by double-digits, while the broad semiconductor industry is growing by double-digits, then there must be other factors at work. In Nvidia's case, that's the current crypto winter. WhileNvidia's chips were useless for Bitcoin mining, they were excellent for Ethereum mining due to the algorithm Ethereum uses, which is very GPU-friendly. With crypto prices plunging in 2022, Nvidia is feeling pressure due to two reasons.First, the company can sell fewer chips to crypto miners, as Ethereum mining has become less profitable, which is why demand dropped. At the same time, less demand by crypto miners results in a looser supply-demand picture, which leads to price declines for GPUs. This is further accelerated by the fact that some crypto miners are selling the GPUs they own on secondary markets, which further pressures pricing for new GPUs.Due to the current crypto winter, Nvidia is thus feeling a double hit from lower sales volumes and lower average margins. That's luckily partially made up by the strong performance in other areas, such as data centers. But as the weak guidance for the current quarter shows, Nvidia is not able to fully offset the headwinds from the weak crypto environment. It thus looks like investors have to come to terms with the fact that Nvidia's strong underlying performance was at least partially driven by crypto enthusiasm. Now that crypto has been in a downtrend for some time, that former tailwind is turning into a headwind.What's The Outlook?In the very long term, Nvidia will still be a solid growth company, I believe. Data center demand will continue to grow. Autonomous driving is a long-term megatrend that will lead to rising demand for Nvidia's Hyperion platform and similar products. But in the near term, the outlook is far from great.SinceNvidia is trading at a pretty high valuation of 46x forward earnings, even before those earnings estimates have declined due to the weaker-than-expected Q3 guidance, I do not believe that Nvidia is a great investment at current prices. There are other semiconductor companies with way better near-term growth outlooks that trade at less than halfNvidia's earnings multiple, such as AMD (AMD), Broadcom (AVGO), Qualcomm (QCOM), and so on. With those picks being available today, I do not see a great reason to buy Nvidia right now. The long-term outlook is positive, but the near-term issues and too-high valuation make me stay away for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080126150,"gmtCreate":1649859314794,"gmtModify":1676534591943,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Buy and keep it 5 years . Retirement plan will be successfully","listText":"Buy and keep it 5 years . Retirement plan will be successfully","text":"Buy and keep it 5 years . Retirement plan will be successfully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080126150","repostId":"1170805890","repostType":2,"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014592596,"gmtCreate":1649680353152,"gmtModify":1676534549712,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Just listen and watch ...&nbsp;","listText":"Just listen and watch ...&nbsp;","text":"Just listen and watch ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014592596","repostId":"2226681234","repostType":2,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092932686,"gmtCreate":1644505976897,"gmtModify":1676533934838,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$</a>Always a best long term investment , valuable asset&nbsp;","listText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$</a>Always a best long term investment , valuable asset&nbsp;","text":"$Coca-Cola(KO)$Always a best long term investment , valuable asset","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092932686","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096297004,"gmtCreate":1644391317089,"gmtModify":1676533920628,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FB\">$Meta Platforms, Inc.(FB)$</a>Can buy more at 190","listText":"<a href=\"https://ttm.financial/S/FB\">$Meta Platforms, Inc.(FB)$</a>Can buy more at 190","text":"$Meta Platforms, Inc.(FB)$Can buy more at 190","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096297004","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806176172,"gmtCreate":1627645070896,"gmtModify":1703493976033,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Agree their price still can up more , expect 150 to180 next 6 months&nbsp;","listText":"Agree their price still can up more , expect 150 to180 next 6 months&nbsp;","text":"Agree their price still can up more , expect 150 to180 next 6 months","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/806176172","repostId":"1135561812","repostType":2,"repost":{"id":"1135561812","kind":"news","pubTimestamp":1627637430,"share":"https://ttm.financial/m/news/1135561812?lang=&edition=fundamental","pubTime":"2021-07-30 17:30","market":"us","language":"en","title":"AMD: Still Growing, Still Undervalued","url":"https://stock-news.laohu8.com/highlight/detail?id=1135561812","media":"seekingalpha","summary":"AMD's margin gains are driven by growing strength in end markets.AMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.AMD's dollar sales growth is cheaper than Nvidia's and AMD might even grow faster.The most interesting revelation of AMD’s Q2’21 earnings, however, was the trend in gross margins. AMD's gross margin jumped 4 PP to 48%, 1 PP above guidance because of a better mix of higher-priced Ryzen processors  and Radeon graphic cards. The uptick in g","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMD's margin gains are driven by growing strength in end markets.</li>\n <li>AMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.</li>\n <li>The semiconductor firm could be a $6.0B free cash flow business next year, even if growth slows down.</li>\n <li>AMD's dollar sales growth is cheaper than Nvidia's and AMD might even grow faster.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6e179318de667e33987f1b4a2afb27\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>Jay_Zynism/iStock via Getty Images</span></p>\n<p>AMD (AMD) made a splash yesterday after the semiconductor company reported growth and margins that were even better than what was expected. AMD’s revenue acceleration and strong gross margin expansion make a strong case for upside in the stock.</p>\n<p><b>Why AMD is worth $120</b></p>\n<p>Before I dive into AMD’s latestresults, let’s quickly recap what the firm’s guidance was for the last quarter. For Q2’21, AMD expected a minimum of $3.5B in revenues with “high case” guidance implying 7% revenue growth Q/Q and a gross margin of 47%.</p>\n<p>I expected AMD’s revenues to hit the high end of guidance ($3.7B), to have a minimum free cash flow of $895M (8% Q/Q growth) and a free cash flow margin of 24%. Given the acceleration of sales in higher-priced Ryzen desktop and notebook processors and GPUs as well as higher average selling prices/ASPs driven by broad-based strength in end markets, I expected AMD to beat its own margin guidance and report a gross margin of 48% for Q2’21. I also predicted a refreshment of AMD’s gross margin guidance due to strength in CPU and GPU ASPs. I laid out my forecast for AMD’s Q2’21 earnings in detail inAMD: On The Road To $5 Billion In Annual Free Cash Flow.</p>\n<p>Turning to AMD’s actual results, the semiconductor firm proved once more that it is firing on all cylinders. AMD’s Q2’21 revenues were $3,850M, $150M above the high-end of guidance and up 12% Q/Q, with revenue momentum continuing in both Graphics/Computing and Enterprise markets. Graphics/Computing revenues increased 7% Q/Q to $2,250M because of higher client and graphic processor sales as well as strengthening ASPs. Enterprise, which has become the driver of AMD’s sales growth in recent quarters, saw Q2'21 revenues of $1.6B, up 19% Q/Q. Enterprise revenues continued to accelerate in Q2'21, after AMD recorded 5% Q/Q revenue growth in Q1'21.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ec3e9d1f0b7d59915f9db8790725803\" tg-width=\"1039\" tg-height=\"587\" width=\"100%\" height=\"auto\"><span>(Source:AMD)</span></p>\n<p>The most interesting revelation of AMD’s Q2’21 earnings, however, was the trend in gross margins. AMD's gross margin jumped 4 PP to 48%, 1 PP above guidance because of a better mix of higher-priced Ryzen processors (both mobile and desktop) and Radeon graphic cards. The uptick in gross margins in Q2’21 marked the third straight quarter of margin expansion for AMD and I don’t believe AMD has seen the end of this trend yet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dca6426ffa1332827a6774554d499c36\" tg-width=\"1048\" tg-height=\"566\" width=\"100%\" height=\"auto\"><span>(Source:AMD)</span></p>\n<p>Turning to cash flow.</p>\n<p>AMD reported cash flow from operating activities of $952M and free cash flow of $888M, $7M short of my expectation, but still almost six times more than a year ago. As AMD continues to see strong revenue growth tailwinds in both Computing/Graphics and Enterprise end markets, I believe AMD could grow its free cash flow margin to 30% by the end of next year. AMD raised its revenue guidance for FY 2021 (discussed later) by $1.0B which means I am also refreshing my free cash flow expectations for this year and next year.</p>\n<p>AMD expects to have revenues of $15.6B this year. Assuming a stable free cash flow margin of 23-24%, AMD is looking at free cash flow of $3.6B to $3.7B. Revenue estimates for next year are not refreshed yet, but AMD should have revenues of at least $20B in FY 2022 (assuming 25% Y/Y growth), implying free cash flow of $4.6B to $4.8B next year… and these estimates do not account for the possibility that AMD’s 3rd-gen EPYC Milan-powered server processors and higher-priced GPUs improve AMD’s free cash flow margin. A 30% free cash flow margin next year implies a free cash flow of $6.0B.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ea23b7429f2edd8ce6dda945a88daa7\" tg-width=\"819\" tg-height=\"593\" width=\"100%\" height=\"auto\"><span>(Source: Author)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>AMD is guiding for $4.1B in revenues +/- $100 million and the firm refreshed its FY 2021 revenue and gross margin guidance (as predicted). AMD now expects 60% revenue growth for FY 2021 (before 50%) and a gross margin of 48% (before 47%). Assuming 60% revenue growth, AMD is now looking at full year revenues of $15.6B (before $14.6B), so AMD's new guidance calls for $1.0B in additional revenues that were so far not priced into AMD’s market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e5c3c579e4a6472ae2c495a325b9a2b\" tg-width=\"1038\" tg-height=\"572\" width=\"100%\" height=\"auto\"><span>(Source:AMD)</span></p>\n<p>AMD’s higher gross margins and sales guidance create a potent force for the firm’s stock to revalue higher. Because of the recent dip in AMD’s shares and the addition of $1.0B in revenues, AMD’s dollar sales growth has become even cheaper after earnings. AMD’s dollar sales growth is valued lower than Nvidia’s and AMD is growing potentially at a faster rate: AMD's revenue guidance calls for 60% Y/Y growth and estimates for Nvidia imply \"only\" 49% Y/Y revenue growth for FY 2021. AMD has a market-capitalization-to-earnings ratio of 42.5 which is low for a firm that grows revenues 60% and that has a gross margin closing in on 50%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/653c9dd9d37a4abd742703bd87dd3534\" tg-width=\"908\" tg-height=\"312\" width=\"100%\" height=\"auto\"><span>(Source: Author)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>Nvidia’s P-E ratio based on an FY 2022 EPS of $17.29 is 44.5. If AMD earnings growth (FY 2022 EPS of $2.71) was valued the same as Nvidia’s, AMD’s fair price would be $120 ($2.71 x 44.5 earnings multiplier factor), indicating 17% upside.</p>\n<p><b>Challenges to my price target</b></p>\n<p>The biggest opportunities and the biggest risks for AMD are tied to gross margins. AMD is having a year of strong revenue acceleration and margin growth, which is the chief reason why I believe AMD can revalue higher. But gross margins can't grow 3-4 PP every quarter. If AMD's gross margin expansion slows, or worse, gross margins drop back to 40%, decreasing stock returns for AMD are likely. A reversal in the gross margin trend would change my opinion on AMD and put my $120 stock price target in jeopardy.</p>\n<p>Softening ASPs for CPUs and graphic chips are likely going to be the canary in the coal mine and could indicate weakening end markets for AMD ahead of time. Softer end markets imply AMD's revenue growth will slow which could result in a lower earnings multiplier factor by which AMD's profits are valued. I don't believe AMD is overvalued based on earnings, but the market may disagree with my assessment at any time.</p>\n<p><b>Final thoughts</b></p>\n<p>AMD reported impressive revenue growth and gross margins for Q2. AMD's raised guidance and Q/Q revenue acceleration indicate that end markets for CPUs and GPUs are a lot stronger than expected. This could lead to another year of revenue acceleration and a continual expansion of AMD’s gross margin to 50%, supported by rising ASPs. AMD's risk profile is still heavily skewed to the upside.</p>","collect":0,"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>AMD: Still Growing, Still Undervalued</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\">\nAMD: Still Growing, Still Undervalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4442955-amd-still-growing-still-undervalued><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMD's margin gains are driven by growing strength in end markets.\nAMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.\nThe semiconductor firm could...</p>\n\n<a href=\"https://seekingalpha.com/article/4442955-amd-still-growing-still-undervalued\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4442955-amd-still-growing-still-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135561812","content_text":"Summary\n\nAMD's margin gains are driven by growing strength in end markets.\nAMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.\nThe semiconductor firm could be a $6.0B free cash flow business next year, even if growth slows down.\nAMD's dollar sales growth is cheaper than Nvidia's and AMD might even grow faster.\n\nJay_Zynism/iStock via Getty Images\nAMD (AMD) made a splash yesterday after the semiconductor company reported growth and margins that were even better than what was expected. AMD’s revenue acceleration and strong gross margin expansion make a strong case for upside in the stock.\nWhy AMD is worth $120\nBefore I dive into AMD’s latestresults, let’s quickly recap what the firm’s guidance was for the last quarter. For Q2’21, AMD expected a minimum of $3.5B in revenues with “high case” guidance implying 7% revenue growth Q/Q and a gross margin of 47%.\nI expected AMD’s revenues to hit the high end of guidance ($3.7B), to have a minimum free cash flow of $895M (8% Q/Q growth) and a free cash flow margin of 24%. Given the acceleration of sales in higher-priced Ryzen desktop and notebook processors and GPUs as well as higher average selling prices/ASPs driven by broad-based strength in end markets, I expected AMD to beat its own margin guidance and report a gross margin of 48% for Q2’21. I also predicted a refreshment of AMD’s gross margin guidance due to strength in CPU and GPU ASPs. I laid out my forecast for AMD’s Q2’21 earnings in detail inAMD: On The Road To $5 Billion In Annual Free Cash Flow.\nTurning to AMD’s actual results, the semiconductor firm proved once more that it is firing on all cylinders. AMD’s Q2’21 revenues were $3,850M, $150M above the high-end of guidance and up 12% Q/Q, with revenue momentum continuing in both Graphics/Computing and Enterprise markets. Graphics/Computing revenues increased 7% Q/Q to $2,250M because of higher client and graphic processor sales as well as strengthening ASPs. Enterprise, which has become the driver of AMD’s sales growth in recent quarters, saw Q2'21 revenues of $1.6B, up 19% Q/Q. Enterprise revenues continued to accelerate in Q2'21, after AMD recorded 5% Q/Q revenue growth in Q1'21.\n(Source:AMD)\nThe most interesting revelation of AMD’s Q2’21 earnings, however, was the trend in gross margins. AMD's gross margin jumped 4 PP to 48%, 1 PP above guidance because of a better mix of higher-priced Ryzen processors (both mobile and desktop) and Radeon graphic cards. The uptick in gross margins in Q2’21 marked the third straight quarter of margin expansion for AMD and I don’t believe AMD has seen the end of this trend yet.\n(Source:AMD)\nTurning to cash flow.\nAMD reported cash flow from operating activities of $952M and free cash flow of $888M, $7M short of my expectation, but still almost six times more than a year ago. As AMD continues to see strong revenue growth tailwinds in both Computing/Graphics and Enterprise end markets, I believe AMD could grow its free cash flow margin to 30% by the end of next year. AMD raised its revenue guidance for FY 2021 (discussed later) by $1.0B which means I am also refreshing my free cash flow expectations for this year and next year.\nAMD expects to have revenues of $15.6B this year. Assuming a stable free cash flow margin of 23-24%, AMD is looking at free cash flow of $3.6B to $3.7B. Revenue estimates for next year are not refreshed yet, but AMD should have revenues of at least $20B in FY 2022 (assuming 25% Y/Y growth), implying free cash flow of $4.6B to $4.8B next year… and these estimates do not account for the possibility that AMD’s 3rd-gen EPYC Milan-powered server processors and higher-priced GPUs improve AMD’s free cash flow margin. A 30% free cash flow margin next year implies a free cash flow of $6.0B.\n(Source: Author)\n\n\n\n\n\nAMD is guiding for $4.1B in revenues +/- $100 million and the firm refreshed its FY 2021 revenue and gross margin guidance (as predicted). AMD now expects 60% revenue growth for FY 2021 (before 50%) and a gross margin of 48% (before 47%). Assuming 60% revenue growth, AMD is now looking at full year revenues of $15.6B (before $14.6B), so AMD's new guidance calls for $1.0B in additional revenues that were so far not priced into AMD’s market value.\n(Source:AMD)\nAMD’s higher gross margins and sales guidance create a potent force for the firm’s stock to revalue higher. Because of the recent dip in AMD’s shares and the addition of $1.0B in revenues, AMD’s dollar sales growth has become even cheaper after earnings. AMD’s dollar sales growth is valued lower than Nvidia’s and AMD is growing potentially at a faster rate: AMD's revenue guidance calls for 60% Y/Y growth and estimates for Nvidia imply \"only\" 49% Y/Y revenue growth for FY 2021. AMD has a market-capitalization-to-earnings ratio of 42.5 which is low for a firm that grows revenues 60% and that has a gross margin closing in on 50%.\n(Source: Author)\n\n\n\n\n\nNvidia’s P-E ratio based on an FY 2022 EPS of $17.29 is 44.5. If AMD earnings growth (FY 2022 EPS of $2.71) was valued the same as Nvidia’s, AMD’s fair price would be $120 ($2.71 x 44.5 earnings multiplier factor), indicating 17% upside.\nChallenges to my price target\nThe biggest opportunities and the biggest risks for AMD are tied to gross margins. AMD is having a year of strong revenue acceleration and margin growth, which is the chief reason why I believe AMD can revalue higher. But gross margins can't grow 3-4 PP every quarter. If AMD's gross margin expansion slows, or worse, gross margins drop back to 40%, decreasing stock returns for AMD are likely. A reversal in the gross margin trend would change my opinion on AMD and put my $120 stock price target in jeopardy.\nSoftening ASPs for CPUs and graphic chips are likely going to be the canary in the coal mine and could indicate weakening end markets for AMD ahead of time. Softer end markets imply AMD's revenue growth will slow which could result in a lower earnings multiplier factor by which AMD's profits are valued. I don't believe AMD is overvalued based on earnings, but the market may disagree with my assessment at any time.\nFinal thoughts\nAMD reported impressive revenue growth and gross margins for Q2. AMD's raised guidance and Q/Q revenue acceleration indicate that end markets for CPUs and GPUs are a lot stronger than expected. This could lead to another year of revenue acceleration and a continual expansion of AMD’s gross margin to 50%, supported by rising ASPs. AMD's risk profile is still heavily skewed to the upside.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":806176172,"gmtCreate":1627645070896,"gmtModify":1703493976033,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Agree their price still can up more , expect 150 to180 next 6 months&nbsp;","listText":"Agree their price still can up more , expect 150 to180 next 6 months&nbsp;","text":"Agree their price still can up more , expect 150 to180 next 6 months","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/806176172","repostId":"1135561812","repostType":2,"repost":{"id":"1135561812","kind":"news","pubTimestamp":1627637430,"share":"https://ttm.financial/m/news/1135561812?lang=&edition=fundamental","pubTime":"2021-07-30 17:30","market":"us","language":"en","title":"AMD: Still Growing, Still Undervalued","url":"https://stock-news.laohu8.com/highlight/detail?id=1135561812","media":"seekingalpha","summary":"AMD's margin gains are driven by growing strength in end markets.AMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.AMD's dollar sales growth is cheaper than Nvidia's and AMD might even grow faster.The most interesting revelation of AMD’s Q2’21 earnings, however, was the trend in gross margins. AMD's gross margin jumped 4 PP to 48%, 1 PP above guidance because of a better mix of higher-priced Ryzen processors  and Radeon graphic cards. The uptick in g","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMD's margin gains are driven by growing strength in end markets.</li>\n <li>AMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.</li>\n <li>The semiconductor firm could be a $6.0B free cash flow business next year, even if growth slows down.</li>\n <li>AMD's dollar sales growth is cheaper than Nvidia's and AMD might even grow faster.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6e179318de667e33987f1b4a2afb27\" tg-width=\"768\" tg-height=\"512\" width=\"100%\" height=\"auto\"><span>Jay_Zynism/iStock via Getty Images</span></p>\n<p>AMD (AMD) made a splash yesterday after the semiconductor company reported growth and margins that were even better than what was expected. AMD’s revenue acceleration and strong gross margin expansion make a strong case for upside in the stock.</p>\n<p><b>Why AMD is worth $120</b></p>\n<p>Before I dive into AMD’s latestresults, let’s quickly recap what the firm’s guidance was for the last quarter. For Q2’21, AMD expected a minimum of $3.5B in revenues with “high case” guidance implying 7% revenue growth Q/Q and a gross margin of 47%.</p>\n<p>I expected AMD’s revenues to hit the high end of guidance ($3.7B), to have a minimum free cash flow of $895M (8% Q/Q growth) and a free cash flow margin of 24%. Given the acceleration of sales in higher-priced Ryzen desktop and notebook processors and GPUs as well as higher average selling prices/ASPs driven by broad-based strength in end markets, I expected AMD to beat its own margin guidance and report a gross margin of 48% for Q2’21. I also predicted a refreshment of AMD’s gross margin guidance due to strength in CPU and GPU ASPs. I laid out my forecast for AMD’s Q2’21 earnings in detail inAMD: On The Road To $5 Billion In Annual Free Cash Flow.</p>\n<p>Turning to AMD’s actual results, the semiconductor firm proved once more that it is firing on all cylinders. AMD’s Q2’21 revenues were $3,850M, $150M above the high-end of guidance and up 12% Q/Q, with revenue momentum continuing in both Graphics/Computing and Enterprise markets. Graphics/Computing revenues increased 7% Q/Q to $2,250M because of higher client and graphic processor sales as well as strengthening ASPs. Enterprise, which has become the driver of AMD’s sales growth in recent quarters, saw Q2'21 revenues of $1.6B, up 19% Q/Q. Enterprise revenues continued to accelerate in Q2'21, after AMD recorded 5% Q/Q revenue growth in Q1'21.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ec3e9d1f0b7d59915f9db8790725803\" tg-width=\"1039\" tg-height=\"587\" width=\"100%\" height=\"auto\"><span>(Source:AMD)</span></p>\n<p>The most interesting revelation of AMD’s Q2’21 earnings, however, was the trend in gross margins. AMD's gross margin jumped 4 PP to 48%, 1 PP above guidance because of a better mix of higher-priced Ryzen processors (both mobile and desktop) and Radeon graphic cards. The uptick in gross margins in Q2’21 marked the third straight quarter of margin expansion for AMD and I don’t believe AMD has seen the end of this trend yet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dca6426ffa1332827a6774554d499c36\" tg-width=\"1048\" tg-height=\"566\" width=\"100%\" height=\"auto\"><span>(Source:AMD)</span></p>\n<p>Turning to cash flow.</p>\n<p>AMD reported cash flow from operating activities of $952M and free cash flow of $888M, $7M short of my expectation, but still almost six times more than a year ago. As AMD continues to see strong revenue growth tailwinds in both Computing/Graphics and Enterprise end markets, I believe AMD could grow its free cash flow margin to 30% by the end of next year. AMD raised its revenue guidance for FY 2021 (discussed later) by $1.0B which means I am also refreshing my free cash flow expectations for this year and next year.</p>\n<p>AMD expects to have revenues of $15.6B this year. Assuming a stable free cash flow margin of 23-24%, AMD is looking at free cash flow of $3.6B to $3.7B. Revenue estimates for next year are not refreshed yet, but AMD should have revenues of at least $20B in FY 2022 (assuming 25% Y/Y growth), implying free cash flow of $4.6B to $4.8B next year… and these estimates do not account for the possibility that AMD’s 3rd-gen EPYC Milan-powered server processors and higher-priced GPUs improve AMD’s free cash flow margin. A 30% free cash flow margin next year implies a free cash flow of $6.0B.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ea23b7429f2edd8ce6dda945a88daa7\" tg-width=\"819\" tg-height=\"593\" width=\"100%\" height=\"auto\"><span>(Source: Author)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>AMD is guiding for $4.1B in revenues +/- $100 million and the firm refreshed its FY 2021 revenue and gross margin guidance (as predicted). AMD now expects 60% revenue growth for FY 2021 (before 50%) and a gross margin of 48% (before 47%). Assuming 60% revenue growth, AMD is now looking at full year revenues of $15.6B (before $14.6B), so AMD's new guidance calls for $1.0B in additional revenues that were so far not priced into AMD’s market value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e5c3c579e4a6472ae2c495a325b9a2b\" tg-width=\"1038\" tg-height=\"572\" width=\"100%\" height=\"auto\"><span>(Source:AMD)</span></p>\n<p>AMD’s higher gross margins and sales guidance create a potent force for the firm’s stock to revalue higher. Because of the recent dip in AMD’s shares and the addition of $1.0B in revenues, AMD’s dollar sales growth has become even cheaper after earnings. AMD’s dollar sales growth is valued lower than Nvidia’s and AMD is growing potentially at a faster rate: AMD's revenue guidance calls for 60% Y/Y growth and estimates for Nvidia imply \"only\" 49% Y/Y revenue growth for FY 2021. AMD has a market-capitalization-to-earnings ratio of 42.5 which is low for a firm that grows revenues 60% and that has a gross margin closing in on 50%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/653c9dd9d37a4abd742703bd87dd3534\" tg-width=\"908\" tg-height=\"312\" width=\"100%\" height=\"auto\"><span>(Source: Author)</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>Nvidia’s P-E ratio based on an FY 2022 EPS of $17.29 is 44.5. If AMD earnings growth (FY 2022 EPS of $2.71) was valued the same as Nvidia’s, AMD’s fair price would be $120 ($2.71 x 44.5 earnings multiplier factor), indicating 17% upside.</p>\n<p><b>Challenges to my price target</b></p>\n<p>The biggest opportunities and the biggest risks for AMD are tied to gross margins. AMD is having a year of strong revenue acceleration and margin growth, which is the chief reason why I believe AMD can revalue higher. But gross margins can't grow 3-4 PP every quarter. If AMD's gross margin expansion slows, or worse, gross margins drop back to 40%, decreasing stock returns for AMD are likely. A reversal in the gross margin trend would change my opinion on AMD and put my $120 stock price target in jeopardy.</p>\n<p>Softening ASPs for CPUs and graphic chips are likely going to be the canary in the coal mine and could indicate weakening end markets for AMD ahead of time. Softer end markets imply AMD's revenue growth will slow which could result in a lower earnings multiplier factor by which AMD's profits are valued. I don't believe AMD is overvalued based on earnings, but the market may disagree with my assessment at any time.</p>\n<p><b>Final thoughts</b></p>\n<p>AMD reported impressive revenue growth and gross margins for Q2. AMD's raised guidance and Q/Q revenue acceleration indicate that end markets for CPUs and GPUs are a lot stronger than expected. This could lead to another year of revenue acceleration and a continual expansion of AMD’s gross margin to 50%, supported by rising ASPs. AMD's risk profile is still heavily skewed to the upside.</p>","collect":0,"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>AMD: Still Growing, Still Undervalued</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\">\nAMD: Still Growing, Still Undervalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4442955-amd-still-growing-still-undervalued><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMD's margin gains are driven by growing strength in end markets.\nAMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.\nThe semiconductor firm could...</p>\n\n<a href=\"https://seekingalpha.com/article/4442955-amd-still-growing-still-undervalued\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4442955-amd-still-growing-still-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135561812","content_text":"Summary\n\nAMD's margin gains are driven by growing strength in end markets.\nAMD raised its revenue guidance by $1.0B for FY 2021 and gross margins are edging closer to 50%.\nThe semiconductor firm could be a $6.0B free cash flow business next year, even if growth slows down.\nAMD's dollar sales growth is cheaper than Nvidia's and AMD might even grow faster.\n\nJay_Zynism/iStock via Getty Images\nAMD (AMD) made a splash yesterday after the semiconductor company reported growth and margins that were even better than what was expected. AMD’s revenue acceleration and strong gross margin expansion make a strong case for upside in the stock.\nWhy AMD is worth $120\nBefore I dive into AMD’s latestresults, let’s quickly recap what the firm’s guidance was for the last quarter. For Q2’21, AMD expected a minimum of $3.5B in revenues with “high case” guidance implying 7% revenue growth Q/Q and a gross margin of 47%.\nI expected AMD’s revenues to hit the high end of guidance ($3.7B), to have a minimum free cash flow of $895M (8% Q/Q growth) and a free cash flow margin of 24%. Given the acceleration of sales in higher-priced Ryzen desktop and notebook processors and GPUs as well as higher average selling prices/ASPs driven by broad-based strength in end markets, I expected AMD to beat its own margin guidance and report a gross margin of 48% for Q2’21. I also predicted a refreshment of AMD’s gross margin guidance due to strength in CPU and GPU ASPs. I laid out my forecast for AMD’s Q2’21 earnings in detail inAMD: On The Road To $5 Billion In Annual Free Cash Flow.\nTurning to AMD’s actual results, the semiconductor firm proved once more that it is firing on all cylinders. AMD’s Q2’21 revenues were $3,850M, $150M above the high-end of guidance and up 12% Q/Q, with revenue momentum continuing in both Graphics/Computing and Enterprise markets. Graphics/Computing revenues increased 7% Q/Q to $2,250M because of higher client and graphic processor sales as well as strengthening ASPs. Enterprise, which has become the driver of AMD’s sales growth in recent quarters, saw Q2'21 revenues of $1.6B, up 19% Q/Q. Enterprise revenues continued to accelerate in Q2'21, after AMD recorded 5% Q/Q revenue growth in Q1'21.\n(Source:AMD)\nThe most interesting revelation of AMD’s Q2’21 earnings, however, was the trend in gross margins. AMD's gross margin jumped 4 PP to 48%, 1 PP above guidance because of a better mix of higher-priced Ryzen processors (both mobile and desktop) and Radeon graphic cards. The uptick in gross margins in Q2’21 marked the third straight quarter of margin expansion for AMD and I don’t believe AMD has seen the end of this trend yet.\n(Source:AMD)\nTurning to cash flow.\nAMD reported cash flow from operating activities of $952M and free cash flow of $888M, $7M short of my expectation, but still almost six times more than a year ago. As AMD continues to see strong revenue growth tailwinds in both Computing/Graphics and Enterprise end markets, I believe AMD could grow its free cash flow margin to 30% by the end of next year. AMD raised its revenue guidance for FY 2021 (discussed later) by $1.0B which means I am also refreshing my free cash flow expectations for this year and next year.\nAMD expects to have revenues of $15.6B this year. Assuming a stable free cash flow margin of 23-24%, AMD is looking at free cash flow of $3.6B to $3.7B. Revenue estimates for next year are not refreshed yet, but AMD should have revenues of at least $20B in FY 2022 (assuming 25% Y/Y growth), implying free cash flow of $4.6B to $4.8B next year… and these estimates do not account for the possibility that AMD’s 3rd-gen EPYC Milan-powered server processors and higher-priced GPUs improve AMD’s free cash flow margin. A 30% free cash flow margin next year implies a free cash flow of $6.0B.\n(Source: Author)\n\n\n\n\n\nAMD is guiding for $4.1B in revenues +/- $100 million and the firm refreshed its FY 2021 revenue and gross margin guidance (as predicted). AMD now expects 60% revenue growth for FY 2021 (before 50%) and a gross margin of 48% (before 47%). Assuming 60% revenue growth, AMD is now looking at full year revenues of $15.6B (before $14.6B), so AMD's new guidance calls for $1.0B in additional revenues that were so far not priced into AMD’s market value.\n(Source:AMD)\nAMD’s higher gross margins and sales guidance create a potent force for the firm’s stock to revalue higher. Because of the recent dip in AMD’s shares and the addition of $1.0B in revenues, AMD’s dollar sales growth has become even cheaper after earnings. AMD’s dollar sales growth is valued lower than Nvidia’s and AMD is growing potentially at a faster rate: AMD's revenue guidance calls for 60% Y/Y growth and estimates for Nvidia imply \"only\" 49% Y/Y revenue growth for FY 2021. AMD has a market-capitalization-to-earnings ratio of 42.5 which is low for a firm that grows revenues 60% and that has a gross margin closing in on 50%.\n(Source: Author)\n\n\n\n\n\nNvidia’s P-E ratio based on an FY 2022 EPS of $17.29 is 44.5. If AMD earnings growth (FY 2022 EPS of $2.71) was valued the same as Nvidia’s, AMD’s fair price would be $120 ($2.71 x 44.5 earnings multiplier factor), indicating 17% upside.\nChallenges to my price target\nThe biggest opportunities and the biggest risks for AMD are tied to gross margins. AMD is having a year of strong revenue acceleration and margin growth, which is the chief reason why I believe AMD can revalue higher. But gross margins can't grow 3-4 PP every quarter. If AMD's gross margin expansion slows, or worse, gross margins drop back to 40%, decreasing stock returns for AMD are likely. A reversal in the gross margin trend would change my opinion on AMD and put my $120 stock price target in jeopardy.\nSoftening ASPs for CPUs and graphic chips are likely going to be the canary in the coal mine and could indicate weakening end markets for AMD ahead of time. Softer end markets imply AMD's revenue growth will slow which could result in a lower earnings multiplier factor by which AMD's profits are valued. I don't believe AMD is overvalued based on earnings, but the market may disagree with my assessment at any time.\nFinal thoughts\nAMD reported impressive revenue growth and gross margins for Q2. AMD's raised guidance and Q/Q revenue acceleration indicate that end markets for CPUs and GPUs are a lot stronger than expected. This could lead to another year of revenue acceleration and a continual expansion of AMD’s gross margin to 50%, supported by rising ASPs. AMD's risk profile is still heavily skewed to the upside.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943183159,"gmtCreate":1679277180471,"gmtModify":1679277185339,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts&nbsp;","listText":"Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts&nbsp;","text":"Bank's collapse waves will be occured one by One ... sit thigh and fasten your seat belts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943183159","repostId":"2320521639","repostType":2,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080126150,"gmtCreate":1649859314794,"gmtModify":1676534591943,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Buy and keep it 5 years . Retirement plan will be successfully","listText":"Buy and keep it 5 years . Retirement plan will be successfully","text":"Buy and keep it 5 years . Retirement plan will be successfully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080126150","repostId":"1170805890","repostType":2,"repost":{"id":"1170805890","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649858895,"share":"https://ttm.financial/m/news/1170805890?lang=&edition=fundamental","pubTime":"2022-04-13 22:08","market":"us","language":"en","title":"Nvidia Shares Jumped Nearly 2% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1170805890","media":"Tiger Newspress","summary":"Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick design","content":"<html><head></head><body><p>Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick designation.</p><p><img src=\"https://static.tigerbbs.com/d117ede1c7f1493c314e61f233bdb95c\" tg-width=\"918\" tg-height=\"670\" width=\"100%\" height=\"auto\"/>Analyst Vivek Arya, who has a buy rating and a $375 price target on Nvidia, notes that the 26% decline year-to-date, including last week&#39;s sharp drop, may stem from concerns over its gaming business. Arya postulated that European customers could curb demand due to the Russian invasion of Ukraine, while Chinese customers could be impacted by Covid-related lockdowns.</p><p>Lastly, crypto customers could be hurt by declines in the price of Ethereum and the change to proof-of-stake, which does not need graphics cards.</p><p>&#34;We flag these headwinds, but argue investors could be underappreciating other supportive trends including: (1) strength in data center, pro-viz and 2H autos ramp,&#34; Arya wrote in a note to clients, adding that Hopper-based gaming products and restocking inventory could also help.</p><p>If Nvidia (NVDA) were to see a downturn in gaming, that would only impact earnings per share by 7% to 9%, Arya pointed out, assuming a 5% decline quarter-over-quarter in this quarter and a 10% decline next quarter, compared to a previous outlook of growth rates of 3% and 9%.</p><p>Secondly, Nvidia may benefit from its newly announced products, including the Hopper line of GPUs, as well as channel refill activity. &#34;Important to note that NVDA’s gaming sales have grown at an average 25% [compound annual growth rate] in every two year period (range 8% CAGR to 45% CAGR), while the scenario above assumes a 6% 2-yr [compound annual growth rate], so well below the historical range,&#34; Arya wrote.</p></body></html>","collect":0,"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 Shares Jumped Nearly 2% in Morning Trading</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 Shares Jumped Nearly 2% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-13 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick designation.</p><p><img src=\"https://static.tigerbbs.com/d117ede1c7f1493c314e61f233bdb95c\" tg-width=\"918\" tg-height=\"670\" width=\"100%\" height=\"auto\"/>Analyst Vivek Arya, who has a buy rating and a $375 price target on Nvidia, notes that the 26% decline year-to-date, including last week&#39;s sharp drop, may stem from concerns over its gaming business. Arya postulated that European customers could curb demand due to the Russian invasion of Ukraine, while Chinese customers could be impacted by Covid-related lockdowns.</p><p>Lastly, crypto customers could be hurt by declines in the price of Ethereum and the change to proof-of-stake, which does not need graphics cards.</p><p>&#34;We flag these headwinds, but argue investors could be underappreciating other supportive trends including: (1) strength in data center, pro-viz and 2H autos ramp,&#34; Arya wrote in a note to clients, adding that Hopper-based gaming products and restocking inventory could also help.</p><p>If Nvidia (NVDA) were to see a downturn in gaming, that would only impact earnings per share by 7% to 9%, Arya pointed out, assuming a 5% decline quarter-over-quarter in this quarter and a 10% decline next quarter, compared to a previous outlook of growth rates of 3% and 9%.</p><p>Secondly, Nvidia may benefit from its newly announced products, including the Hopper line of GPUs, as well as channel refill activity. &#34;Important to note that NVDA’s gaming sales have grown at an average 25% [compound annual growth rate] in every two year period (range 8% CAGR to 45% CAGR), while the scenario above assumes a 6% 2-yr [compound annual growth rate], so well below the historical range,&#34; Arya wrote.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170805890","content_text":"Bank of America analyst Vivek Arya had reiterated a Buy rating on Nvidia stock and a Top Pick designation.Analyst Vivek Arya, who has a buy rating and a $375 price target on Nvidia, notes that the 26% decline year-to-date, including last week's sharp drop, may stem from concerns over its gaming business. Arya postulated that European customers could curb demand due to the Russian invasion of Ukraine, while Chinese customers could be impacted by Covid-related lockdowns.Lastly, crypto customers could be hurt by declines in the price of Ethereum and the change to proof-of-stake, which does not need graphics cards.\"We flag these headwinds, but argue investors could be underappreciating other supportive trends including: (1) strength in data center, pro-viz and 2H autos ramp,\" Arya wrote in a note to clients, adding that Hopper-based gaming products and restocking inventory could also help.If Nvidia (NVDA) were to see a downturn in gaming, that would only impact earnings per share by 7% to 9%, Arya pointed out, assuming a 5% decline quarter-over-quarter in this quarter and a 10% decline next quarter, compared to a previous outlook of growth rates of 3% and 9%.Secondly, Nvidia may benefit from its newly announced products, including the Hopper line of GPUs, as well as channel refill activity. \"Important to note that NVDA’s gaming sales have grown at an average 25% [compound annual growth rate] in every two year period (range 8% CAGR to 45% CAGR), while the scenario above assumes a 6% 2-yr [compound annual growth rate], so well below the historical range,\" Arya wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914885353,"gmtCreate":1665235353672,"gmtModify":1676537576558,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Historically, it was $2 plus . It will take a longer time for recovery&nbsp;","listText":"Historically, it was $2 plus . It will take a longer time for recovery&nbsp;","text":"Historically, it was $2 plus . It will take a longer time for recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9914885353","repostId":"2273361809","repostType":2,"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187301787226216,"gmtCreate":1686755785653,"gmtModify":1686755789962,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless&nbsp;","listText":"Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless&nbsp;","text":"Price became too expensive and unable to rise so much in such short period . AI still have a lot of issues don't became hopeless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187301787226216","repostId":"2343345624","repostType":2,"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941036636,"gmtCreate":1679816521326,"gmtModify":1679816524546,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"$300 should be most reasonable price&nbsp;","listText":"$300 should be most reasonable price&nbsp;","text":"$300 should be most reasonable price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941036636","repostId":"2322777791","repostType":2,"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995300826,"gmtCreate":1661401402367,"gmtModify":1676536512541,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"&nbsp;Need to wait 1-3 years to pop up again","listText":"&nbsp;Need to wait 1-3 years to pop up again","text":"Need to wait 1-3 years to pop up again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995300826","repostId":"1172569376","repostType":2,"repost":{"id":"1172569376","kind":"news","pubTimestamp":1661399948,"share":"https://ttm.financial/m/news/1172569376?lang=&edition=fundamental","pubTime":"2022-08-25 11:59","market":"us","language":"en","title":"Nvidia: Disaster Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1172569376","media":"Seeking Alpha","summary":"SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more i","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Nvidia reported its second quarter earnings, missing estimates.</li><li>Nvidia&#39;s Q3 guidance is more important, however. Unfortunately, that guidance was horrendous.</li><li>Nvidia is a quality company and well-positioned in the long run. But near-term issues and a too-high valuation make me stay away for now.</li></ul><p><b>Article Thesis</b></p><p>Nvidia Corporation (NASDAQ:NVDA) has just reported its most recent quarterly results. Profits were below expectations, but overall, results were more or less in line with what the market had anticipated, as Nvidia had pre-announced some of its results not too long ago.</p><p>The company&#39;s guidance for the current quarter is much worse than expected, however. Nvidia is clearly feeling hefty pressure from the current crypto winter, and it seems questionable to pay $170 or more per share of Nvidia in the current environment.</p><p><b>Q2 Was Worse Than Expected</b></p><p>Nvidia had pre-announced its revenue results for the second quarter earlier, thus there was no major surprise there - analysts adjusted their models accordingly, and Nvidia met the consensus estimate:</p><p><img src=\"https://static.tigerbbs.com/1c716ed40d45d1089f6ca834756f1e12\" tg-width=\"640\" tg-height=\"123\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>But the company nevertheless missed estimates, as margin compression was worse than expected. In fact, Nvidia saw its gross margin drop massively, showcased by the following table:</p><p><img src=\"https://static.tigerbbs.com/a7f7f877afef390846c2b1ff5b54cef9\" tg-width=\"624\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>The company&#39;s gross margin dropped from a very attractive 67% to a much less attractive 46% over the last year, almost being cut in half. A 46% gross margin isn&#39;t disastrous in absolute terms, but the hefty margin drop naturally has a huge impact on Nvidia&#39;s profitability.</p><p>Nvidia was widely regarded as a high-end semiconductor company that was able to generate very strong margins due to its excellent product quality. But at least for now, that has apparently ended, as its gross margin is far lower than what we have gotten used to in recent years.</p><p>At the same time, Nvidia also saw its operating expenses explode upwards. This includes research and development, sales, but also administrative costs. WhileNvidia was able to grow its revenue by 3% year over year, operating expenses somehow rose by almost 40% - or around<i>13x as much</i> as the company&#39;s revenue. That is pretty bad, and it is not clear why that happened. Higher R&amp;D expenses aren&#39;t bad per se, at least if those result in strong products that improve the longer-term growth outlook.</p><p>But for a growth company like Nvidia, investors generally want to see operating leverage, meaning operating expenses grow less than revenue and gross profit, as this allows a company to grow its profits faster than its sales. The complete opposite of that happened here, as gross margins dropped severely while operating costs rose much more than Nvidia&#39;s sales and gross profit. The steep profit decline of more than 50% is the logical consequence of that ill-timed increase in Nvidia&#39;s operating expenses.</p><p>With earnings per share at $0.50 for the quarter, Nvidia&#39;s EPS is running at a $2 annual rate. That will most likely drop even further in Q3, as indicated by the pretty weak forward guidance (more on that later). Profits are now back at the level seen in early 2020 when earnings per share were in the $0.50 range as well. It&#39;s important to note that Nvidia was trading at as low as $50 back then, whereas Nvidia is trading at $170 right here -- or more than 80x the Q2 earnings run rate.</p><p>These areNvidia&#39;s non-GAAP results, where items such as share-based compensation are already backed out. GAAP profitability was even worse, as GAAP earnings per share came in at $0.26 -- or around $1 annualized, for a 170x earnings multiple. That&#39;s quite expensive for a company with a 3% top-line growth rate.</p><p><b>Nvidia&#39;s Forward Guidance Is Horrendous</b></p><p>I want to note first that I do believe that Nvidia is a quality company with a positive long-term outlook, thanks to its strong position in growth markets such as AI, autonomous driving, etc. I also want to note that I have been a bull on Nvidia in the past, and shares are up since my last bullish article. But when the facts change and the underlying performance is much worse than previously thought, then it makes sense to reflect one&#39;s formerly bullish stance.</p><p>Nvidia&#39;s guidance for the current quarter, Q3, was very bad. The company is forecasting revenues of $5.9 billion for the period, which is not only $1 billion or 15% below the current consensus estimate, but which also indicates a revenue decline of 16.9% versus last year&#39;s Q3 revenue of $7.1 billion. That is comparable to Intel&#39;s (INTC) revenue decline during the most recent quarter, as Intel reported a drop of 17.3% in its top line for the period. In other words, Nvidia is forecasting a revenue drop that is comparable to the one Intel has just reported -- the huge difference is that Intel trades at 2.1x forward sales, whereas Nvidia trades at 15x forward sales, which is a 600% premium relative to how Intel is valued.</p><p>There are good arguments for Nvidia to trade at a premium versus Intel, such as its stronger position in the fast-growing data center market, where Nvidia saw its revenue rise by 60% in Q2, while Intel&#39;s data center dropped. But whether it makes sense for Nvidia to trade at a 600% premium on a sales basis, relative to Intel, while both are seeing their revenues drop, is highly questionable, I believe.</p><p>What&#39;s the explanation for the hefty revenue decline that Nvidia forecasts for the current quarter? It&#39;s not the overall semiconductor market, that&#39;s pretty clear, as the World Semiconductor Trade Statistics, or WSTS, has just announced that overall semiconductor revenues would climb 14% in 2022. WhenNvidia&#39;s revenues are falling by double-digits, while the broad semiconductor industry is growing by double-digits, then there must be other factors at work. In Nvidia&#39;s case, that&#39;s the current crypto winter. WhileNvidia&#39;s chips were useless for Bitcoin mining, they were excellent for Ethereum mining due to the algorithm Ethereum uses, which is very GPU-friendly. With crypto prices plunging in 2022, Nvidia is feeling pressure due to two reasons.</p><p>First, the company can sell fewer chips to crypto miners, as Ethereum mining has become less profitable, which is why demand dropped. At the same time, less demand by crypto miners results in a looser supply-demand picture, which leads to price declines for GPUs. This is further accelerated by the fact that some crypto miners are selling the GPUs they own on secondary markets, which further pressures pricing for new GPUs.</p><p>Due to the current crypto winter, Nvidia is thus feeling a double hit from lower sales volumes and lower average margins. That&#39;s luckily partially made up by the strong performance in other areas, such as data centers. But as the weak guidance for the current quarter shows, Nvidia is not able to fully offset the headwinds from the weak crypto environment. It thus looks like investors have to come to terms with the fact that Nvidia&#39;s strong underlying performance was at least partially driven by crypto enthusiasm. Now that crypto has been in a downtrend for some time, that former tailwind is turning into a headwind.</p><p><b>What&#39;s The Outlook?</b></p><p>In the very long term, Nvidia will still be a solid growth company, I believe. Data center demand will continue to grow. Autonomous driving is a long-term megatrend that will lead to rising demand for Nvidia&#39;s Hyperion platform and similar products. But in the near term, the outlook is far from great.</p><p>SinceNvidia is trading at a pretty high valuation of 46x forward earnings, even before those earnings estimates have declined due to the weaker-than-expected Q3 guidance, I do not believe that Nvidia is a great investment at current prices. There are other semiconductor companies with way better near-term growth outlooks that trade at less than halfNvidia&#39;s earnings multiple, such as AMD (AMD), Broadcom (AVGO), Qualcomm (QCOM), and so on. With those picks being available today, I do not see a great reason to buy Nvidia right now. The long-term outlook is positive, but the near-term issues and too-high valuation make me stay away for now.</p></body></html>","collect":0,"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: Disaster Guidance</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: Disaster Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536839-nvidia-disaster-guidance?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more important, however. Unfortunately, that guidance was horrendous.Nvidia is a quality company and well-...</p>\n\n<a href=\"https://seekingalpha.com/article/4536839-nvidia-disaster-guidance?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4536839-nvidia-disaster-guidance?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172569376","content_text":"SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more important, however. Unfortunately, that guidance was horrendous.Nvidia is a quality company and well-positioned in the long run. But near-term issues and a too-high valuation make me stay away for now.Article ThesisNvidia Corporation (NASDAQ:NVDA) has just reported its most recent quarterly results. Profits were below expectations, but overall, results were more or less in line with what the market had anticipated, as Nvidia had pre-announced some of its results not too long ago.The company's guidance for the current quarter is much worse than expected, however. Nvidia is clearly feeling hefty pressure from the current crypto winter, and it seems questionable to pay $170 or more per share of Nvidia in the current environment.Q2 Was Worse Than ExpectedNvidia had pre-announced its revenue results for the second quarter earlier, thus there was no major surprise there - analysts adjusted their models accordingly, and Nvidia met the consensus estimate:Seeking AlphaBut the company nevertheless missed estimates, as margin compression was worse than expected. In fact, Nvidia saw its gross margin drop massively, showcased by the following table:Seeking AlphaThe company's gross margin dropped from a very attractive 67% to a much less attractive 46% over the last year, almost being cut in half. A 46% gross margin isn't disastrous in absolute terms, but the hefty margin drop naturally has a huge impact on Nvidia's profitability.Nvidia was widely regarded as a high-end semiconductor company that was able to generate very strong margins due to its excellent product quality. But at least for now, that has apparently ended, as its gross margin is far lower than what we have gotten used to in recent years.At the same time, Nvidia also saw its operating expenses explode upwards. This includes research and development, sales, but also administrative costs. WhileNvidia was able to grow its revenue by 3% year over year, operating expenses somehow rose by almost 40% - or around13x as much as the company's revenue. That is pretty bad, and it is not clear why that happened. Higher R&D expenses aren't bad per se, at least if those result in strong products that improve the longer-term growth outlook.But for a growth company like Nvidia, investors generally want to see operating leverage, meaning operating expenses grow less than revenue and gross profit, as this allows a company to grow its profits faster than its sales. The complete opposite of that happened here, as gross margins dropped severely while operating costs rose much more than Nvidia's sales and gross profit. The steep profit decline of more than 50% is the logical consequence of that ill-timed increase in Nvidia's operating expenses.With earnings per share at $0.50 for the quarter, Nvidia's EPS is running at a $2 annual rate. That will most likely drop even further in Q3, as indicated by the pretty weak forward guidance (more on that later). Profits are now back at the level seen in early 2020 when earnings per share were in the $0.50 range as well. It's important to note that Nvidia was trading at as low as $50 back then, whereas Nvidia is trading at $170 right here -- or more than 80x the Q2 earnings run rate.These areNvidia's non-GAAP results, where items such as share-based compensation are already backed out. GAAP profitability was even worse, as GAAP earnings per share came in at $0.26 -- or around $1 annualized, for a 170x earnings multiple. That's quite expensive for a company with a 3% top-line growth rate.Nvidia's Forward Guidance Is HorrendousI want to note first that I do believe that Nvidia is a quality company with a positive long-term outlook, thanks to its strong position in growth markets such as AI, autonomous driving, etc. I also want to note that I have been a bull on Nvidia in the past, and shares are up since my last bullish article. But when the facts change and the underlying performance is much worse than previously thought, then it makes sense to reflect one's formerly bullish stance.Nvidia's guidance for the current quarter, Q3, was very bad. The company is forecasting revenues of $5.9 billion for the period, which is not only $1 billion or 15% below the current consensus estimate, but which also indicates a revenue decline of 16.9% versus last year's Q3 revenue of $7.1 billion. That is comparable to Intel's (INTC) revenue decline during the most recent quarter, as Intel reported a drop of 17.3% in its top line for the period. In other words, Nvidia is forecasting a revenue drop that is comparable to the one Intel has just reported -- the huge difference is that Intel trades at 2.1x forward sales, whereas Nvidia trades at 15x forward sales, which is a 600% premium relative to how Intel is valued.There are good arguments for Nvidia to trade at a premium versus Intel, such as its stronger position in the fast-growing data center market, where Nvidia saw its revenue rise by 60% in Q2, while Intel's data center dropped. But whether it makes sense for Nvidia to trade at a 600% premium on a sales basis, relative to Intel, while both are seeing their revenues drop, is highly questionable, I believe.What's the explanation for the hefty revenue decline that Nvidia forecasts for the current quarter? It's not the overall semiconductor market, that's pretty clear, as the World Semiconductor Trade Statistics, or WSTS, has just announced that overall semiconductor revenues would climb 14% in 2022. WhenNvidia's revenues are falling by double-digits, while the broad semiconductor industry is growing by double-digits, then there must be other factors at work. In Nvidia's case, that's the current crypto winter. WhileNvidia's chips were useless for Bitcoin mining, they were excellent for Ethereum mining due to the algorithm Ethereum uses, which is very GPU-friendly. With crypto prices plunging in 2022, Nvidia is feeling pressure due to two reasons.First, the company can sell fewer chips to crypto miners, as Ethereum mining has become less profitable, which is why demand dropped. At the same time, less demand by crypto miners results in a looser supply-demand picture, which leads to price declines for GPUs. This is further accelerated by the fact that some crypto miners are selling the GPUs they own on secondary markets, which further pressures pricing for new GPUs.Due to the current crypto winter, Nvidia is thus feeling a double hit from lower sales volumes and lower average margins. That's luckily partially made up by the strong performance in other areas, such as data centers. But as the weak guidance for the current quarter shows, Nvidia is not able to fully offset the headwinds from the weak crypto environment. It thus looks like investors have to come to terms with the fact that Nvidia's strong underlying performance was at least partially driven by crypto enthusiasm. Now that crypto has been in a downtrend for some time, that former tailwind is turning into a headwind.What's The Outlook?In the very long term, Nvidia will still be a solid growth company, I believe. Data center demand will continue to grow. Autonomous driving is a long-term megatrend that will lead to rising demand for Nvidia's Hyperion platform and similar products. But in the near term, the outlook is far from great.SinceNvidia is trading at a pretty high valuation of 46x forward earnings, even before those earnings estimates have declined due to the weaker-than-expected Q3 guidance, I do not believe that Nvidia is a great investment at current prices. There are other semiconductor companies with way better near-term growth outlooks that trade at less than halfNvidia's earnings multiple, such as AMD (AMD), Broadcom (AVGO), Qualcomm (QCOM), and so on. With those picks being available today, I do not see a great reason to buy Nvidia right now. The long-term outlook is positive, but the near-term issues and too-high valuation make me stay away for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014592596,"gmtCreate":1649680353152,"gmtModify":1676534549712,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"Just listen and watch ...&nbsp;","listText":"Just listen and watch ...&nbsp;","text":"Just listen and watch ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014592596","repostId":"2226681234","repostType":2,"repost":{"id":"2226681234","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649679850,"share":"https://ttm.financial/m/news/2226681234?lang=&edition=fundamental","pubTime":"2022-04-11 20:24","market":"us","language":"en","title":"Nvidia Shares Fell 4% Premarket after Baird Downgraded the Stock and Cut Its Price Target","url":"https://stock-news.laohu8.com/highlight/detail?id=2226681234","media":"Tiger Newspress","summary":"Nvidia shares fell 4% in premarket trading on Monday after investment firm Baird downgraded the stoc","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> shares fell 4% in premarket trading on Monday after investment firm Baird downgraded the stock and cut its price target, citing worries over order cancellations.<img src=\"https://static.tigerbbs.com/dcc646fe87891c81d4bc665b7bc9d391\" tg-width=\"841\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/>Analyst Tristan Gerra lowered the rating to neutral from outperform and slashed the price target to $225 from $360, noting that he believes order cancellations recently started for consumer GPUs, due to &#34;excess inventories.&#34;</p><p>In addition, a slowdown in PC demand and the Russia embargo sanctions are likely to hurt the company more than the market currently believes.</p><p>Competitor <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices </a> fell in sympathy, with shares losing 1.5% to $99.46 in premarket trading.</p><p>Gerra added that the upcoming fork for cryptocurrency Ethereum could &#34;compound the demand weakness.&#34;</p><p>The analyst noted, however, that data center trends are still &#34;very strong,&#34; but it&#39;s likely that a peak in year-over-year revenue comes in the first half of 2022 and gaming-related revenue is likely to be weak for the rest of the year.</p><p>On April 5, investment firm Truist slashed price targets across the board in the semiconductor space, including Nvidia (NVDA) and AMD (AMD), telling investors it has found &#34;hard evidence of order cuts.&#34;</p></body></html>","collect":0,"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 Shares Fell 4% Premarket after Baird Downgraded the Stock and Cut Its Price Target</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 Shares Fell 4% Premarket after Baird Downgraded the Stock and Cut Its Price Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-11 20:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> shares fell 4% in premarket trading on Monday after investment firm Baird downgraded the stock and cut its price target, citing worries over order cancellations.<img src=\"https://static.tigerbbs.com/dcc646fe87891c81d4bc665b7bc9d391\" tg-width=\"841\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/>Analyst Tristan Gerra lowered the rating to neutral from outperform and slashed the price target to $225 from $360, noting that he believes order cancellations recently started for consumer GPUs, due to &#34;excess inventories.&#34;</p><p>In addition, a slowdown in PC demand and the Russia embargo sanctions are likely to hurt the company more than the market currently believes.</p><p>Competitor <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices </a> fell in sympathy, with shares losing 1.5% to $99.46 in premarket trading.</p><p>Gerra added that the upcoming fork for cryptocurrency Ethereum could &#34;compound the demand weakness.&#34;</p><p>The analyst noted, however, that data center trends are still &#34;very strong,&#34; but it&#39;s likely that a peak in year-over-year revenue comes in the first half of 2022 and gaming-related revenue is likely to be weak for the rest of the year.</p><p>On April 5, investment firm Truist slashed price targets across the board in the semiconductor space, including Nvidia (NVDA) and AMD (AMD), telling investors it has found &#34;hard evidence of order cuts.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4141":"半导体产品","BK4527":"明星科技股","BK4581":"高盛持仓","BK4554":"元宇宙及AR概念","BK4534":"瑞士信贷持仓","BK4549":"软银资本持仓","BK4532":"文艺复兴科技持仓","BK4503":"景林资产持仓","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4567":"ESG概念","BK4529":"IDC概念","BK4579":"人工智能","BK4543":"AI"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226681234","content_text":"Nvidia shares fell 4% in premarket trading on Monday after investment firm Baird downgraded the stock and cut its price target, citing worries over order cancellations.Analyst Tristan Gerra lowered the rating to neutral from outperform and slashed the price target to $225 from $360, noting that he believes order cancellations recently started for consumer GPUs, due to \"excess inventories.\"In addition, a slowdown in PC demand and the Russia embargo sanctions are likely to hurt the company more than the market currently believes.Competitor Advanced Micro Devices  fell in sympathy, with shares losing 1.5% to $99.46 in premarket trading.Gerra added that the upcoming fork for cryptocurrency Ethereum could \"compound the demand weakness.\"The analyst noted, however, that data center trends are still \"very strong,\" but it's likely that a peak in year-over-year revenue comes in the first half of 2022 and gaming-related revenue is likely to be weak for the rest of the year.On April 5, investment firm Truist slashed price targets across the board in the semiconductor space, including Nvidia (NVDA) and AMD (AMD), telling investors it has found \"hard evidence of order cuts.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092932686,"gmtCreate":1644505976897,"gmtModify":1676533934838,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$</a>Always a best long term investment , valuable asset&nbsp;","listText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$</a>Always a best long term investment , valuable asset&nbsp;","text":"$Coca-Cola(KO)$Always a best long term investment , valuable asset","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092932686","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182068596871296,"gmtCreate":1685459581554,"gmtModify":1685459584956,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>it became too expensive in such short period. Watch out","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>it became too expensive in such short period. Watch out","text":"$NVIDIA Corp(NVDA)$ it became too expensive in such short period. Watch out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182068596871296","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096297004,"gmtCreate":1644391317089,"gmtModify":1676533920628,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FB\">$Meta Platforms, Inc.(FB)$</a>Can buy more at 190","listText":"<a href=\"https://ttm.financial/S/FB\">$Meta Platforms, Inc.(FB)$</a>Can buy more at 190","text":"$Meta Platforms, Inc.(FB)$Can buy more at 190","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096297004","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":319221341507672,"gmtCreate":1718960542376,"gmtModify":1718960547022,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"It smell somethings ?","listText":"It smell somethings ?","text":"It smell somethings ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319221341507672","repostId":"1138998481","repostType":2,"repost":{"id":"1138998481","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1718957837,"share":"https://ttm.financial/m/news/1138998481?lang=&edition=fundamental","pubTime":"2024-06-21 16:17","market":"us","language":"en","title":"Nvidia Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1138998481","media":"Tiger Newspress","summary":"Nvidia stock falls 1.23% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.","content":"<html><head></head><body><p>Nvidia stock falls 1.7% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/65af4bf145e4b6f4f8c3ced1fc69dc8d\" tg-width=\"789\" tg-height=\"630\"/></p><p>Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.</p><p><img src=\"https://static.tigerbbs.com/b19da8030b35ce672cdec875b990c3c0\" alt=\"\"/></p></body></html>","collect":0,"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 Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million</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 Stock Falls 1.7% Premarket as CEO Jensen Huang Proposes to Sell Shares Worth 16.3 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-21 16:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia stock falls 1.7% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/65af4bf145e4b6f4f8c3ced1fc69dc8d\" tg-width=\"789\" tg-height=\"630\"/></p><p>Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.</p><p><img src=\"https://static.tigerbbs.com/b19da8030b35ce672cdec875b990c3c0\" alt=\"\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138998481","content_text":"Nvidia stock falls 1.7% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979099815,"gmtCreate":1685103169338,"gmtModify":1685103173605,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>Expect it will be 600 by end of year","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>Expect it will be 600 by end of year","text":"$NVIDIA Corp(NVDA)$ Expect it will be 600 by end of year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979099815","isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933026943,"gmtCreate":1662181457483,"gmtModify":1676537014874,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Look like new restrictions will be imposed next Sept . There are many changes in coming future.","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Look like new restrictions will be imposed next Sept . There are many changes in coming future.","text":"$NVIDIA Corp(NVDA)$Look like new restrictions will be imposed next Sept . There are many changes in coming future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933026943","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995448628,"gmtCreate":1661506841766,"gmtModify":1676536532107,"author":{"id":"3578819385598847","authorId":"3578819385598847","name":"Yslo","avatar":"https://static.itradeup.com/news/4d50233177a5ffeb2ed1cea18ac7fa8c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578819385598847","authorIdStr":"3578819385598847"},"themes":[],"htmlText":"They do not have their own manufacturing Facilities. They need to depend on sub contracter .&nbsp;","listText":"They do not have their own manufacturing Facilities. They need to depend on sub contracter .&nbsp;","text":"They do not have their own manufacturing Facilities. They need to depend on sub contracter .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995448628","isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}