Nvidia Slips Even As Citi Reiterates Buy After Unveiling of GH200 "Superchip"

Like
Comment
Favorite

Nvidia Slips Even As Citi Reiterates Buy After Unveiling of GH200 "Superchip"

seekingalpha2023-08-10

Nvidia shares fell nearly 4.72% on Wednesday even as Citi reiterated its buy rating after the company unveiled its GH200 Grace-Hopper superchip yesterday.Analyst Atif Malif, who also has a $560 price ...

Source Link

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

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2358566157?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-08-10 10:11","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2358566157","market":"us","top_or_hot":-1,"title":"Nvidia Slips Even As Citi Reiterates Buy After Unveiling of GH200 \"Superchip\"","media":"seekingalpha","content":"<div>\n<p>Nvidia shares fell nearly 4.72% on Wednesday even as Citi reiterated its buy rating after the company unveiled its GH200 Grace-Hopper superchip yesterday.Analyst Atif Malif, who also has a $560 price ...</p>\n\n<a href=\"https://seekingalpha.com/news/4000062-nvidia-slips-citi-reiterates-buy-after-unveiling-of-gh200-superchip\">Source Link</a>\n\n</div>\n","source":"seekingalpha","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 Slips Even As Citi Reiterates Buy After Unveiling of GH200 \"Superchip\"</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 Slips Even As Citi Reiterates Buy After Unveiling of GH200 \"Superchip\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-10 10:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4000062-nvidia-slips-citi-reiterates-buy-after-unveiling-of-gh200-superchip><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia shares fell nearly 4.72% on Wednesday even as Citi reiterated its buy rating after the company unveiled its GH200 Grace-Hopper superchip yesterday.Analyst Atif Malif, who also has a $560 price ...</p>\n\n<a href=\"https://seekingalpha.com/news/4000062-nvidia-slips-citi-reiterates-buy-after-unveiling-of-gh200-superchip\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://seekingalpha.com/news/4000062-nvidia-slips-citi-reiterates-buy-after-unveiling-of-gh200-superchip","article_id":"2358566157","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2358566157","pubTimestamp":1691633501,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Nvidia (NASDAQ:NVDA) shares fell nearly 2.5% in early morning trading on Wednesday even as Citi reiterated its buy rating after the company unveiled its GH200 Grace-Hopper superchip yesterday. Analyst","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"英伟达下滑，尽管花旗在推出GH200“超级芯片”后重申购买","themeId":"3e24a06b134544b39ea5a7e60150983f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1},"content_text":"Nvidia shares fell nearly 4.72% on Wednesday even as Citi reiterated its buy rating after the company unveiled its GH200 Grace-Hopper superchip yesterday.Analyst Atif Malif, who also has a $560 price target on Nvidia, said the move to boost memory on the new chip adds to its prowess.\"This falls in line with our expectations that NVIDIA will provide new versions of its AI accelerators with higher bandwidth and capacity given AMD’s strategy to offer more in-chip memory in its upcoming MI300 GPUs than the H100,\" Malik wrote in an investor note.AMD (AMD) is slated to release its MI300 GPU AI accelerator chips later this year.In addition, Malik said that Nvidia's (NVDA) \"continuous push\" to make AI more accessible with its new NVIDIA RTX Ada Generation GPUs and NVIDIA AI Workbench will allow pre-trained AI models on workstations and PCs to \"seamlessly scale to virtually any AI data center or cloud platform.\"Nvidia will report second-quarter results on August 24 after the close of trading. A consensus of analysts expect the company will earn $2.07 per share on $11.06B in revenue.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}