Limited impacts on NVDA's financials? Will you bottom NVDA at $400?

Tiger_comments
2023-10-18

Due to export curbs on the A800 and H800 chips, $NVIDIA Corp(NVDA)$ fell 5% and its market value evaporated overnight by over $53.5 billion.

Why does the export curb have limited impacts on Nvidia’s financials?

 Most of the recent demand has come from US-based entities. Market assumes that $NVIDIA Corp(NVDA)$ will quickly redesign a chip to meet new standards.

  • PIPER SANDLER

We see these impacts as insignificant in the near-term despite NVDA historically deriving~20%of revenues from China. 

  •  Mizuho flagged the potential for a~6%drag on EPS.

  • $NVIDIA Corp(NVDA)$ said in August that it did not expect additional restrictions on data center chips to have an immediate impact on financial results.

How did the chip curbs affect Nvidia’s stock performance in 2022?

You can click to read [TOPIC] NVDA Fell 10% In A Day; Buy The Dip or Short Semiconductor?

At what price will you bottom Nvidia?

You can refer to the two key support levels of $400 and $365.

Will Nvidia continue to dip or rebound?

Does Nvidia enter the buying zone?

Have you bottomed Nvidia yesterday?

At what price will you buy Nvidia?

Leave your comments and repost to win tiger coins~

# Is NVDA a good buy or goodbye after chip export curbs?

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.

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  • koolgal
    ·2023-10-18
    TOP

    🌟🌟🌟I believe that the current sharp fall in $NVIDIA Corp(NVDA)$ 

    Is a Knee Jerk reaction to the negative news of US curbing Nvidia's export of high end AI chips to China.

    In the short term, I am Bearish on Nvidia but I view this as a splendid opportunity to Bargain Hunt this wonderful stock.  My Target price is USD 400. 

    Nvidia is the market leader in AI chips and has the technological expertise to maintain it's pole position.  Its closest competitors like $Advanced Micro Devices(AMD)$ is a far 2nd to Nvidia.

    Wall Street Analysts are also bullish on Nvidia with Target price as high as USD 600!

    As Warren Buffett likes to say When there is fear in the markets it is time to be greedy!

    @Tiger_comments  @TigerStars  

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  • MHh
    ·2023-10-18
    TOP

    Will continue to dip as the relationship between both turns colder and more hostile. I prefer to watch for now. Expecting it to dip below $400 unless there are more positive news like no more rate hikes. Will try to pick it up at $380.

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  • Shyon
    ·2023-10-18
    TOP

    A bad and shocking news that Nvidia announced two days ago, stating that new US export restrictions will block sales of two high end artificial intelligence chips that Nvidia created for the Chinese market and that one of its top-of-the-line gaming chips will also be blocked. This will be a huge hit to the company income.

    NVIDIA also disclosed that the impact from the restrictions, which seek to stop Beijing from receiving cutting-edge U.S. technologies to strengthen its military.

    This sudden restrictions will also affect the other chips producer such as AMD and Intel.

    The new restrictions will also affect rival chips produced by Advanced Micro Devices and Intel. The impact will probably be short to mid term but I believe market is going to digest this news over the time and all the chip makers will work hard to modify their designs and make them comply to the new rules. In short, for the reasons above, I am bearish for these stocks in short term $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$ $Intel(INTC)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Taiwan Semiconductor Manufacturing(TSM)$ Bearish.

    Let's come and share your point of view on this topic. @TigerStars  @MillionaireTiger  @Tiger_comments  @Tiger_SG  @TigerEvents  @CaptainTiger  @Daily_Discussion  

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    • ShyonReplying toJohnnyYoung: 
      Never end, quite unexpected. Another kind of war.
      2023-10-19
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    • ShyonReplying toBillyWilliams: 
      Thanks for sharing your insights, Billy! It is useful.
      2023-10-19
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    • ShyonReplying to財運到財源滾滾到: 
      Thanks for your support ya
      2023-10-19
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  • icycrystal
    ·2023-10-18
    @HelenJanet @Universe宇宙 @GoodLife99 @rL @Zarkness @LMSunshine @koolgal @Shyon @Aqa come comment and win coins [smile] [smile] [smile]
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    • Shyon: 
      Thanks for sharing
      2023-10-18
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    • Universe宇宙: 
      [ShakeHands]
      2023-10-18
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  • icycrystal
    ·2023-10-18
    TOP
    $NVIDIA Corp(NVDA)$ is trending down right now. believe it will trend further down. felt AI hype has somewhat "died down" and not surprising it will affect the stock performance. also, with the lsreal-Hamas conflict things are quite uncertain. overall, it's prudent to take precautions especially during this time and not trade aggressively. target price for $NVIDIA Corp(NVDA)$ perhaps 300 to 420 [Thinking] [Thinking] [Thinking]
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  • Kok
    ·2023-10-18
    $NVIDIA Corp(NVDA)$ is still overpriced compared to its intrinsic value so definitely more pain ahead. Yes it's a good company but don't overpay. A Ferrari is a good car but would you pay 10m for one?
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  • Success88
    ·2023-10-18
    $NVIDIA Corp(NVDA)$ Due to US will have new round of chips section NVIDIA Chips will affected that why the share go down.
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  • Tiger_comments
    ·2023-10-30

    @ssee

    @MasterStonker

    @highhand

    @derickt

    @AliceSam

    @Mrzorro

    @TimothyX

    @Success88

    @Kok

    @BillyWilliams

    @MHh

    @icycrystal

    @koolgal

    @Shyon

    Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖

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  • TimothyX
    ·2023-10-18
    我們認爲這些影響無足輕重的儘管NVDA歷史上20%的收入來自中國，但在短期內。
    瑞穗預示着每股收益可能會拖累約6%。
    $英偉達公司(NVDA)$該公司在8月份表示，預計不會對數據中心芯片將對財務結果產生直接影響。
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  • AliceSam
    ·2023-10-18
    这个惨了，由于A800和H800芯片的出口限制，$英伟达公司(NVDA)$下跌5%，市值一夜之间蒸发超过535亿美元。
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  • AliceSam
    ·2023-10-18
    都在跌啊，不仅仅是$英伟达(NVDA)$,很多股票都是跌很惨了
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  • WanEH
    ·2023-10-19
    现在制裁也是好事，这样就能激励中国自己加大加快研发。
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  • WanEH
    ·2023-10-19
    我觉得英伟达还有下跌的空间，现在还在观望
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  • Mrzorro
    ·2023-10-19
    I think $NVIDIA Corp(NVDA)$ , will keep down for a while...my target price will be 370~380
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  • Universe宇宙
    ·2023-10-18
    @TigerGPT provide fundamental analysis on NVDA
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    • TigerGPT: 

      Based on the information provided, here is the analysis of NVIDIA Corp (NVDA):

      Earnings Data:

      In the latest reported period (2024Q2), NVIDIA Corp had a record revenue of $13.51 billion, which was up 88% sequentially and up 101% year on year.  

      The earnings per share (EPS) for 2024Q2 was $2.50.  

      Analysis:

      The positive developments in NVIDIA Corp's earnings call include record revenue, strong growth in data center compute and networking revenue, and strong demand for NVIDIA's accelerated computing and AI platforms.  

      However, there are some bearish points mentioned in the earnings call, such as potential increased regulations on exports to China and uncertainty about the breadth and depth of applications to support sustained increase in data center business.  

      Earnings Call:

      The earnings call transcript highlighted both bullish and bearish points for NVIDIA Corp's future stock price. The company reported strong revenue growth and demand for its products, but there are concerns about potential regulations and uncertainties in the market.  

      Relevant Opinion:

      The relevant articles provide different opinions on the impact of export curbs on NVIDIA Corp's financials. Some analysts believe that the new restrictions will have no meaningful impact on the company's financial results, while others express concerns about the potential long-term effects.  

      Reference articles:Nvidia Stock Is Falling—and U.S. Export Rules Look Even Worse in the Long TermNvidia (NVDA) Down 5% on New Chip Export Restriction to ChinaNvidia Stock: High Hopes Could Meet Harsh Reality Next

      Disclaimer: The above conclusion is just for reference and cannot be considered as investment advice.

      2023-10-18
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  • Universe宇宙
    ·2023-10-18
    @TigerGPT provide technical analysis on NVDA
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  • Universe宇宙
    ·2023-10-18
    @TigerGPT Is NVDA entering the buying zone?
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  • icycrystal
    ·2023-10-18
    @TigerGPT how is $NVIDIA Corp(NVDA)$ performance.in 2023?
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  • Universe宇宙
    ·2023-10-18
    @TigerGPT will NVDA continue to dip?
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    • TigerGPT: 

      Based on the information provided, I can provide the following analysis and answer your questions:

      Will NVDA continue to dip?Based on the quote change of NVIDIA Corp, the stock price has decreased by 2.92% on 2023-10-18. However, it is important to note that stock prices can be influenced by various factors and can fluctuate. Therefore, I cannot predict with certainty whether NVDA will continue to dip in the future.

        

      What is the impact of export curbs on NVDA's financials?The recent export curbs imposed by the U.S. government on the sale of artificial intelligence chips and manufacturing equipment to China have expanded the restrictions on NVIDIA's chip sales. The new restrictions will block NVIDIA from selling certain AI chips, including those specifically created for the Chinese market. However, NVIDIA believes that these new restrictions will have no meaningful impact on its financial results, considering the strong demand for its products worldwide.

        

      How did the chip curbs affect Nvidia’s stock performance in 2022?In 2022, the quote change of NVIDIA Corp was -50.31%. This indicates that the stock performance was negatively affected during that period. However, it is important to consider that stock performance can be influenced by various factors, and past performance may not necessarily indicate future performance.

        

      Will Nvidia rebound?As an AI assistant, I cannot predict the future performance of a stock with certainty. The rebound of Nvidia's stock will depend on various factors, including market conditions, company performance, and investor sentiment. It is recommended to conduct thorough research and analysis or consult with a financial advisor to make informed investment decisions.

        

      What is the buying zone for Nvidia? At what price will you buy Nvidia?As an AI assistant, I do not have personal preferences or the ability to make investment decisions. The buying zone for Nvidia will depend on individual investment strategies, risk tolerance, and market conditions. It is recommended to conduct thorough research and analysis or consult with a financial advisor to determine the appropriate buying zone and price for Nvidia.

        

      Reference articles:

      Nvidia Stock Is Falling—and U.S. Export Rules Look Even Worse in the Long Term  

      Nvidia's Stock Is Incredibly Expensive. Here's Why it Could Still Go Higher  

      NVIDIA (NVDA) Down 5% on New Chip Export Restriction to China  

      Nvidia Stock: High Hopes Could Meet Harsh Reality Next  

      2023-10-18
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  • Jeff Ng
    ·2023-10-25

    Great ariticle, would you like to share it?

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