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Symbol NVDA
Name NVIDIA Corporation
Currency USD
Sector Information Technology
IndustryGroup Semiconductors & Semiconductor Equipment
Industry Semiconductors & Semiconductor Equipment
Market NASDAQ Global Select
Country United States
State CA
City Santa Clara
Zipcode 95051
Website http://www.nvidia.com
NVIDIA has a "Moderate Buy" rating, but top analysts recommend five other stocks as better investments. Recent insider trading includes CEO Jen Hsun Huang selling 120,000 shares and Director Mark A. Stevens selling 155,000 shares, both reflecting a 0.00% change in their ownership. Institutional investors have significantly increased their stakes, with hedge funds now owning 65.27% of the stock.
Nvidia has reclaimed its status as the world's most valuable company, surpassing Apple once again. As the AI chip leader showcases its technology at the 2024 Apsara Conference in Hangzhou, attention turns to its future amid speculation about Donald Trump's impending return to the White House.
Nvidia Corporation, a leader in programmable graphics processors, reports that 77.8% of its net sales come from computer and networking solutions, while 22.2% is from graphics processors. The company’s sales are primarily driven by data storage (78%) and gaming (17.1%), with significant revenue from the U.S. (44.3%), Taiwan (22%), and China (16.9%).
UBS has raised its price target for NVIDIA to $185 from $150, maintaining a Buy rating amid strong investor expectations and anticipated robust financial results. The firm projects third-quarter revenues between $34.5 billion and $35 billion, with fourth-quarter guidance around $37 billion, potentially reaching $39 billion. Other analysts, including Morgan Stanley and Piper Sandler, have also increased their price targets, reflecting confidence in NVIDIA's market position and growth prospects in the AI sector.
The US has ordered Taiwan Semiconductor Manufacturing Co to stop shipments of advanced AI chips to mainland China, heightening volatility in the semiconductor sector. This follows previous export controls and comes amid expectations of increased tariffs under President-elect Donald Trump. Despite uncertainty, strong fundamentals and big tech's commitment to AI spending are expected to support semiconductor companies in the long term.
UBS analysts predict Nvidia's growth is far from over, forecasting third-quarter revenues between $34.5 billion and $35 billion, exceeding the company's own guidance. Despite a recent dip in stock value, Nvidia remains a key player in the AI sector, with a buy rating and a price target of $185. Currently, shares are trading at $145.36, reflecting a market cap of $3.57 trillion.
Nvidia's price target has been increased to $185 from $150 by UBS, reflecting a positive outlook for the company's stock. This adjustment highlights the growing confidence in Nvidia's market performance and potential for future growth.
NVIDIA Corporation, a leader in programmable graphics processors, generates 77.8% of its net sales from computer and networking solutions, including data center platforms and AI infrastructure. Graphics processors account for 22.2%, serving PCs and gaming platforms. The company’s sales are primarily from data storage (78%) and games (17.1%), with significant revenue from the U.S. (44.3%), Taiwan (22%), and China (16.9%).
NVIDIA Corporation leads in the design and marketing of programmable graphics processors, with 77.8% of sales from IT and networking solutions, including data center platforms and AI infrastructure. Graphics processors account for 22.2% of sales, primarily for gaming and professional use. Geographically, 44.3% of sales are in the USA, followed by Taiwan (22%) and China (16.9%).
NVIDIA Corporation, a leader in programmable graphics processors, generates 77.8% of its net sales from computing and networking solutions, including data center platforms and AI infrastructure. The remaining 22.2% comes from graphics processors for PCs and gaming. Geographically, 44.3% of sales are in the U.S., followed by Taiwan (22%) and China (16.9%).

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