Nvidia CDR (NVDA) Quote

Truist Ups Price Target on NVIDIA to $145 From $140 on Improving Fundamentals, Reiterates Buy Rating
MT Newswires01:04:34 PM ET

Nvidia has all the pieces in place for a positive quarterly earnings surprise
Having taken the lead in AI chips, Nvidia is bleeding its competitors dry

By Louis Navellier
Last Updated: Aug. 27, 2024 at 2:13 p.m. ET


Nvidia is scheduled to report quarterly earnings Wednesday.

To effectively compete with Nvidia, its rivals would each have to spend several billion dollars over the next several years — and even that would likely prove to be futile.
Nvidia will announce its latest quarterly results on Wednesday, and the company’s much-anticipated report is expected to be the grand finale of the second-quarter earnings season.

Baked into this prediction is an earnings surprise from Nvidia
NVDA

on its finances as well its technological progress. There’s been uncertainty among Wall Street analysts, but the recently lowered expectations offer a good setup for a surprise.

In the past four quarters, Nvidia has posted operating earnings surprises of 31.6%, 19.4%, 11.9% and 9.8%, respectively. What is even more amazing is that Nvidia has posted better-than-expected sales, earnings and guidance with its older AI chip, the H100 GPU. Nvidia is now making the transition to its new AI chip, the Blackwell GB200 GPU.

There have been endless reports that Nvidia is delaying the Blackwell GB200 GPU by at least three months. Alphabet’s
GOOG
are betting billions on Nvidia’s GPUs as the AI arms race escalates. Alphabet, for example, has ordered more than 400,000 GB200 chips, which is an order worth more than $10 billion. Meta also has a $10 billion order, while Microsoft is expecting to have 55,000 to 65,000 GB200 GPUs ready for OpenAI by the first quarter of 2025.

This delay in the Blackwell GB200 GPU was reportedly due to a Taiwan Semiconductor Manufacturing Co.
TSM
0.49%
glitch attaching two GB200 chips together. As a result, Nvidia’s guidance on the delivery of its Blackwell GB200 GPUs and order backlog is shaping up to be even more important than its actual quarterly sales and earnings.

It is important to stress that Nvidia is effectively a monopoly that spent around $2 billion to develop the Blackwell GB200 GPU. Furthermore, Nvidia is expecting to upgrade its flagship AI chipset every year until the end of the decade. Several years from now, Nvidia may not be able to make its chips much faster, since its transistors will be so tiny and will be approaching the “atomic” level. Since splitting atoms is not a good idea, the next step to speed up the AI calculation will be quantum computing. Anticipating this change, Nvidia already has a Quantum Cloud Simulator up and running to prepare for the future acceleration of AI calculations.

It is important to mention that Nvidia’s competitors are making lower-grade AI chipsets. Regenerative AI, which is effectively machine learning, remains Nvidia’s domain. To effectively compete with Nvidia, its rivals would each have to spend several billion dollars over the next several years — and even that would likely prove to be futile.

But they are still trying — at enormous expense. At Advanced Micro Devices
AMD
-0.05%
, research and development expenses were 26.1% of revenues in 2023. At Intel
INTC
-0.12%
, spending is even higher, or from a shareholder’s perspective, worse. Total research and development expenses at Intel were 29.6% of revenues for 2023. Meanwhile Nvidia’s R&D spend last year was a relatively “light” 14.2%. (As a reality check consider that Proctor & Gamble
PG
-0.51%
spent about $2 billion in its latest fiscal year, or about 2.4% of its $82 billion in revenues.)

Having taken the lead in AI chips, Nvidia is bleeding its competitors dry. Momentum and market share are important in the technology world. With regenerative AI moving so fast, it is hard for new competitors to emerge, let alone dedicate the capital and resources required to try to compete with Nvidia.

I am not anticipating any effective challenger to disrupt the regenerative AI monopoly that Nvidia dominates.
Full disclosure: Nvidia is the largest holding in my family office’s managed accounts. Historically, my biggest portfolio gains have come from investing in monopolies that emerged before competition emerged. Some of those include Conair (hair dryers in the 1980s), Tyson Foods (McNuggets and chicken tenders in the early 1990s), Hanson Natural (in the mid-2000s and later renamed Monster Beverage) and Nvidia (2016 through 2018).

I noted Nvidia again in my Growth Investor newsletter in May 2019, and that recommendation has gained more than 2,000% since then. Unlike my investment in past monopolies, where competition typically emerged in a few years, I am not anticipating any effective challenger to disrupt the regenerative AI monopoly that Nvidia dominates. So I am planning on holding Nvidia for several more years and enjoying the ride in this great company.

Louis Navellier is founder, chairman, chief investment officer and chief compliance officer at Reno, Nev.-based money management firm Navellier & Associates. The firm owns shares of Nvidia in managed accounts. Navellier and his family own Nvidia shares via a Navellier-managed account and in a personal account

$NVDA Snapshot of unusual options worth $1 Million or more in premium that hit the tape over the last week:
By: TrendSpider | August 27, 2024

• $NVDA EARNINGS FLOW

Here's a snapshot of unusual options worth $1M or more in premium that hit the tape over the last week:

The majority is bearish call selling.



Read Full Story »»»

DiscoverGold

The options implied move post earnings for $NVDA tomorrow is ~9.7% in either direction...
By: Cheddar Flow | August 27, 2024

• The options implied move post earnings for $NVDA tomorrow is ~9.7% in either direction

That is ~$300 BILLION in market value

Read Full Story »»»

DiscoverGold

I hope you are correct but there's absolutely no guarantee of that. As I said, I remember just several quarters back. I had bought more shares in front of the report, in anticipation of NVDA beating expectations and having a subsequent rise in price. NVDA beat expectations handily, but the stock price FELL and stayed that way for several months. It did eventually blast upwards and I was happy I bought the shares. But still - let's not count our chickens before they hatch.

Yup! 144-150 AH tomorrow imo

$149? In about 27 hours

Why do I feel like NVDA is going to mimic MSFT or APPL? Im confused

$NVDA, $AAPL, & $GOOGL Millions worth of call sellers. It looks like they are closing existing positions
By: Cheddar Flow | August 27, 2024

• $NVDA, $AAPL, & $GOOGL Millions worth of call sellers

It looks like they are closing existing positions



Read Full Story »»»

DiscoverGold

I'm in long stock and calls. Let's see where we go ... TO THE MOON?????

Added NVDA to both my IRA and 401K accounts this morning. In this for the long run.

$NVDA They're back with $13.3 Million Calls
By: Cheddar Flow | August 27, 2024

• $NVDA They're back...



Read Full Story »»»

DiscoverGold

Added a Sept 13th 140 call at 4.15 today!

Nice article that is what a company does when there is a bubble design all those systems so they won’t be able to sell them :) Long Nvidia

REVOLUTION INVESTING
Opinion: Nvidia is starting to look a lot like the next Apple


https://stocks.apple.com/AOv2z5wIpRp69clBJ2DWXvA

~bought some 9/6 $200 calls @.08c

Nvidia unveils NIM Agent Ai workflows for enterprises; highlights Blackwell at Hot Chips conference

https://stocks.apple.com/AfzoP6jn3Sam4153F76Brpw

NVDA is effectively backlogged for orders through 2025, so the earnings are real. It’s the world-wide realization of how useful AI will be to businesses and institutions to their bottom lines - and new services and new products and new deals NVDA makes - that will increase the stock price immensely.

Lol.  What do you think has been happening since they cooked the numbers on non-farm payroll and it was quietly revised at 500% more than reported figures....

Just over 200k when the reality was 819k more than reported on jobless claims.  That the market as a whole should keep going up?

When rate cuts come in we'll be in for a red fall-winter.  Earnings here is the last expected bullish move.  After that.... this plunges.

Last post I made was that we would retest at all time highs.  We did just that.  Granted $5 short of it.  But 140 this week at max.

Afterwards, bearish future ahead.

6 Trillion on standby to throw at the market to stult it up, but zero publicity on it ever being used.... makes people wonder 🤔

The fed money printer may be seen in use again this year.

Oh jeez. Not that "PPT" crap again.

That may happen. It DID happen several reports ago. NVDA handily beat estimates and yet the stock price went down.

Or, it may NOT happen. NVDA may beat and the stock price might rise.

Let's wait and see.

But it is rather strange how it all sets up. Because NVDA has already set the bar so high, some won't be happy with NVDA simply beating expectations. It's getting so people aren't happy unless NVDA destroys expectations EVERY TIME. Eventually, NOTHING will be enough for them and the price will go down.

Who says it is an "illusion"?? Earnings ARE most likely accelerating.

Backlog of orders nobody wants to be left behind..

Aug 26..And the order backlog has started rising again.
New orders for durable goods in July jumped by 9.9% from June, the biggest month-to-month spike since May 2020, and more than reversing the big month-to-month drop in June…

Kill call options is what the casino is doing

I think the price share we are seeing now has already baked in what ever happens in this quarter don’t be surprised to see the price go down even if they beat .

A ton of VIX hedging into NVDA earnings...

Not only must NVDA prove that earnings are accelerating, they must also prove that the earnings growth rate is accelerating.

Scenario 1: If Jensen manages to keep the illusion going “beating expectations” - then hedging will be dumped and stocks could get a bump up, for the week.

Scenario 2: See what happened to PDD, only a NVDA storm would hit everyone.

I don't think it's going to be as much as their revs/EPS which will drive price after August 28th webcast but what they have to say about volume deliveries of Blackwell since both B100 & B200 both use dual die. They need to comment/clear up the concerns on issues and when volume production will begin. Stating production still happening in the 3rd or 4th quarter doesn't imply volume production. It only implies when production will start. Production parts could be sorted parts since they're both dual die and it has been mentioned about thermal mismatch. Selecting good parts is not an economical way to achieve volume production. So, I'm more anxious to hear about volumes of production parts since volume production would involve 10's of thousands and not 100's of parts.

For the quarter, Nvidia is expected to report adjusted earnings per share (EPS) of $0.65 on revenue of $28.7 billion. That works out to a 139% jump in EPS and a 113% increase in revenue compared to the same period a year ago when Nvidia saw EPS of $0.27 and revenue of $13.5 billion.

Nvidia is the world leader in AI chip design and software, controlling between 80% and 95% of the market, according to Reuters. And it’s expected to continue to hold that lead as it begins rolling out its next-generation Blackwell line of chips.

Dr. Michael Lebby moderated a panel at the OFC in March of many CEO’s of top optical/photonic companies. He said there was agreement among all of them that AI is NOT a bubble, it is here to stay and will be a big driver for them.

Suppliers already gave away what's coming.

AMD as well.

We all know who the leader is in this space, and those that love to use the world bubble are in for a nasty surprise.

Hopefully this link works

https://stocks.apple.com/Aovmh-lyESHCi00HbqVhFrg

$NVDA makes up roughly ~10% of the entire $SOXX ETF...
By: TrendSpider | August 26, 2024

• $NVDA makes up roughly ~10% of the entire $SOXX ETF...

Better hope the king doesn't disappoint.



Read Full Story »»»

DiscoverGold

China sets up an AI company in Singapore.
AI developers buy cloud time through a subsidiary that further masks the operation by paying in Bitcoin.
In turn, the subsidiary buys time from a company Dubai or Singapore that hosts the servers.
US politicians outraged. But some of us are amused knowing full well that sanctions don’t work.
And instead of cloud profits going to US corporations, the profits go to Saudi Arabia, Singapore, Dubai, and South Korea.
Only Amazon is forced to “know your customer”.

Options Traders Blast Nvidia Stock Before Earnings
By: Schaeffer's Investment Research | August 26, 2024

• Nvidia reports earnings after the close on Wednesday

• Nvidia has remained the most popular amongst options traders

Chip darling Nvidia Corp (NASDAQ:NVDA) is a regular on Senior Quantitative Analyst Rocky White's list of stocks that attracted the most options volume during the last two weeks, and this most recent period is no different. NVDA topped the list ahead of the company's latest earnings report, due out after the close Wednesday, Aug. 28.

Over the last 10 days, Nvidia stock has seen 41,164,331 calls and 24,868,867 puts cross the tape. The weekly 8/23 130-strike call was the most popular contract by far over this timeframe, followed by the 128-strike call in the same series.



Though it's not unusual for calls to heavily outweigh puts for the tech giant, traders could also be eyeing Nvidia's upcoming earnings report as a potential bullish catalyst. The stock finished the session higher following six of its last eight reports, including a 9.3% pop this past May and 16.4% rise in February. This time around, the options pits are pricing in a next-day swing of 17%, which is larger than the 9% move the stock has averaged over these last two years.

Today, NVDA was last seen down 2.6% to trade at $126.02, as investors rotate away from tech. The stock bounced off its early-August lows that came amid the global selloff, though pressure appears to have emerged at $130. Year to date, the equity is up 154%.



Read Full Story »»»

DiscoverGold

Sanctions Fail Again and Again
The Wall Street Journal reports China’s AI Engineers Are Secretly Accessing Banned Nvidia Chips
Chinese artificial-intelligence developers have found a way to use the most advanced American chips without bringing them to China.
One entrepreneur helping Chinese companies overcome the hurdles is Derek Aw, a former bitcoin miner. He persuaded investors in Dubai and the U.S. to fund the purchase of AI servers housing Nvidia’s powerful H100 chips.
In June, Aw’s company loaded more than 300 servers with the chips into a data center in Brisbane, Australia. Three weeks later, the servers began processing AI algorithms for a company in Beijing.
“There is demand. There is profit. Naturally someone will provide the supply,” Aw said.
Renting far away computing power is nothing new, and many global companies shuffle data around the world using U.S. companies’ services such as Google Cloud, Microsoft Azure and Amazon Web Services. However, those companies, like banks, have “Know Your Customer” policies that may make it difficult for some Chinese customers to obtain the most advanced computing power.
The buyers and sellers of computing power and the middlemen connecting them aren’t breaking any laws, lawyers familiar with U.S. sanctions say. Washington has targeted exports of advanced chips, equipment and technology, but cloud companies say the export rules don’t restrict Chinese companies or their foreign affiliates from accessing U.S. cloud services using Nvidia chips.
Buyers and sellers of computing power use a “smart contract” in which the terms are set in a publicly accessible digital record book. The parties to the contract are identified only by a series of letters and numbers and the buyer pays with cryptocurrency.
The process extends the anonymity of cryptocurrency to the contract itself, with both using the digital record-keeping technology known as blockchain. Aw said even he might not know the real identity of the buyer. As a further mask, he and others said Chinese AI companies often make transactions through subsidiaries in Singapore or elsewhere.
One decentralized GPU provider with more than 40,000 chips in its network, io.net, advertises in its user guide that it doesn’t impose know-your-customer restrictions. This “allows users to access GPU supply and deploy clusters in less than 90 seconds,” it says.
Meanwhile, Aw is raising more money from a group of investors in Saudi Arabia and South Korea. They plan to build a cluster of Nvidia’s latest Blackwell chips for another Singapore company with a Chinese parent.
“No one is breaking the export controls,” Aw said. “Legally speaking, they are Singapore companies.”

$NVDA has the most bearish flow today, sorted by premium
By: Cheddar Flow | August 26, 2024

• $NVDA has the most bearish flow today, sorted by premium

Most of it was due to call monetization early in the day



Read Full Story »»»

DiscoverGold

Dragging.. maybe tomorrow

Aha

Dip before rip

Seriously doubt that. The whole tech sector is slipping today. NVDA usually follows the market and today is no different.

Down days and up days. It is volatile. That's NVDA.

A I is everywhere and in everything now. It’s only going to keep increasing. Looks like Nvda has it pretty well covered. And with Blackwell ahead of schedule now, Thursday should get real interesting.

article says apple going to smart glasses.

me:

could it be realwear head mounted device? with 5g/communications module of motorola/google, which would include sat comms. less expensive. less prone to motion sickness. that i think is a fuze related company? google and android and chrome.

me: android and samsung.

me: nett and dod wanting ai for their people.

me: nvidia and blackwell

me: cpaas with ai integrated into most everything?

I know the day is still early, but I guess it has some catching up if it's going to close today at $134.00 as you say.

Works for me!

Looks like this will close higher today, $134?

I felt I had too much exposure in the tech sector for long term holding. May all your trades be profitable 🍷

nvidia isn't just the gpu/but the dpu,cpu, quantum, etc computing platform as a service. the nvidia hierarchy says, there is no pull back/redo o nvidia blackwell. they do emphasize blackwell is the platform as a service.......all devices and apps can be advantaged by the smart platform. and therefore the users see benefit of better, new, fast, reliable, economical, energy conserving, perhaps energy creating, etc. platform as a service.

Obviously, they are your shares and you can certainly do whatever you want with them

Just curious though - 3 days ago, you posted THIS:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174976486

With the family at our cabin and thought I'd share a bit from an article from Barron's today ' the top tech companies will spend a staggering $192 billion this year. For 2025 that will increase by 45 percent. The winners will be Super micro, Dell ( the servers), Navidia (gpu), and Vertiy(cooling/power). I'm not selling my 100 shares for at least another year or two. 🍷

What changed your mind in three days....over a weekend??