Nvidia

‘Nvidia’s AI Processors Will Continue To Be A Key Growth Catalyst For The PC And Server Markets In 2024, According To Sources At Related Component And Peripheral Suppliers’ – DigiTimes Alert

The AI revolution has not only sparked a sea change in several industries this year, but it has also more than tripled the Nvidia Corp. (NASDAQ:NVDA) stock in 2023. Yet, it remains the “cheapest AI play” right now, according to a Bernstein analyst. What Happened: Bernstein Research’s senior semiconductor analyst Stacy Rasgon thinks that Jensen Huang-led Nvidia is still a value purchase despite the massive rally this year. Powered by the AI revolution, Nvidia’s shares have surged over 241% in 2023 so far. Despite this, the company’s valuations are the cheapest they have been since the cryptocurrency bubble burst in 2018. Rasgon has a target of $700 for the Nvidia stock, which is currently trading at $488.90. Despite the spectacular returns this year, though, Rasgon says the rally has been “disappointing.” Over the last month, the stock has actually declined by 1.2% even though its earnings beat expectations. “In fact, while forward estimates have quadrupled this year as

Nvidia (NVDA) is still facing supply constrained amid strong demand as the company is set to report its Q3 results on Nov. 21, Wedbush said in a Friday note. “With NVDA still seemingly supply constrained through at least CQ2’24 despite a seemingly significant…ramp, and with constraints potentially lasting well beyond that point (depending on how quickly applications built on AI begin to get monetized), we see no reason to shift our positive view on the stock,” Wedbush analyst Matt Bryson said. Bryson said the situation remained the same amid significant newsflow over the past quarter, pointing to new US restrictions on shipments to China, positive commentary and increased revenue goals from key competitors. “If Nvidia beats by less in Q3 or guides lower in Q4, with Nvidia supply falling well short of demand, any shortfall just leaves a greater amount of demand unfulfilled that Nvidia can ship to in future

Nvidia Corp Says Interim Final Rule To Impact Shipments Of Company’s A100, A800, H100, H800, And L40s Products.

Nvidia (NVDA) is designing CPUs that will be able to run Microsoft’s (MSFT) operating system and use technology from Arm, Reuters reported Monday, quoting unnamed sources with knowledge of the situation. The move is part of Microsoft’s plan to help chipmakers build Arm-based processors for computers with Windows, the report said. Advanced Micro Devices (AMD) is also planning to make chips for computers with Arm technology, Reuters reported, adding that Nvidia and AMD may sell the chips as soon as 2025. Reuters said that spokespeople for Nvidia, AMD, Arm and Microsoft declined to comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: According to Reuters, NVDA intends to begin designing CPUs for PCs on ARM-based architecture as early as CY 2025 (AMD also plans to do the same). We would note the market is currently dominated by INTC and AMD’s x86 chips, while QCOM has been developing ARM-based CPUs for years now. Windows has lost considerable share since Apple’s decision to start designing ARM-based CPUs for Macs, and Microsoft could be luring others to develop CPUs (exclusive QCOM ARM contract expires in 2025) to reduce its high emphasis on Intel. We think the news is a positive for NVDA as it further expands the company’s addressable market and adds further fuel to its CPU initiatives (recently launched Grace CPU in data centers). We highlight that developing an all-encompassing CPU