Dan Ives Said Nvidia Will Rise 25% in 10 Days | Nvidia Earnings News

ion dollar of cap backs is what we see from an AI perspective over the next 3 years you go back 6 months ago we thought that was 500 billion and so every quarter if you look at the underlying demand not just some hypers scalers but what eventually it's going to be other Enterprises it's just starting so all of our checks are showing demands actually continuing to accelerate you know as faral about yields are improving from production perspective that they're the only game in town use cases are coming through we saw that with paler you see that with service now now this fourth Industrial Revolution Rome wasn't built in a day neither will AI Revolution it's starting to come together anyone that thinks this is hype you listen to conference calls Nvidia AMD Microsoft paler and others I mean I don't know what watch party those bears are but but not they're not listening to the cause that I am you say it's LeBron at high school why isn't it arm Williamson why could we end with a situation when we actually get real competition and it just doesn't do that well anymore how big is this moat around this company yeah and and I think it's a great question right now only game in town AMD and obviously Lisa Su and others are going to benefit the reason this is a LeBron in high school is because they are so ahead of any other competitor and right now they're the only game in town the new gold the new oil it's AMD chips lives then Drew parallels with Nvidia which had a strong quarter meeting or exceeding expectations on these metrics despite nvidia's stock price declining slightly I've suggested that this isn't concerning Nvidia checked all three boxes tonight seek with a massive quarter and we not focused on stock off a bit out there Scott but the latest in the AI arms race back over to you yeah Kate Rooney appreciate that uh have timely report obviously having Dan I sitting next to me you want to comment on this I mean we have a trillion dollars of cap backs of AI That's Coming you know down the road you look how open ai's position That's The Golden Child in terms of where I UI and I think this is just a start we talk about valuations that continue to increase it's a scarcity value no different than Nvidia what you see on the private side when it comes to open Ai nadela and Redmond continue to sort of win that race so greater picture for Mega cap Tech itself off the back of whatever Nvidia delivers is what I mean I believe it's going to be bullish this is this is what I believe is the start of tech that rallies into year end led by Big Cat you got the AI Revolution coming to copertino as we've talked about in terms of iPhone this is the start we we believe it's not just about NASDAQ 20,000 it's about big cap Tech this is the most watched earnings not just in Tech but in the market in many years wedbush Securities analyst Dan Ives told the Associated Press investors will initially overreact to any sort of short-lived weakness but I believe this actually put more fuel into the tank of the bull market this is just the beginning of the next phase of the bull market and I think it all starts tonight okay you're optimistic uh it seems from your notes on Salesforce which which also uh reports in in overtime you say that this is you expect the start of an AI era from Benny off Mark Benny off uh and Company IES for his part believes in video's performance is a big piece of the economic puzzle that is responsible for the success of tech stocks more widely and given that the Magnificent Seven Tech firms a group that includes Nvidia account for around a third of the entire value of the sp500 double the proportion it was a decade ago success for the chipmaker means success for the chipmaker means success for The Wider economy what have they been spinning their wheels to this point I mean the stock has done nothing year to date they've underperformed obviously the rest of tech and the NASDAQ what's been the problem and why why are you optimistic now sure it starts with our multiplier I mean for every dollar spent on a video chip we think $8 to10 multiplier across the rest of the tech you look at sales force now benf had their position they have benefited yet in fact Ives believes that every dollar spent on an Nvidia GPU has a wider halo effect of around $8 to $10 on the wider Tech sector which he says speaks to our firmly bullish view of tech stocks over the next year but we look out in next 6 9 12 months this is going to be a massive tow in for them from a crosell perspective when you look at their install base I think it's going to be a slight bounce back quarter but this is a name that I think is going to be in the star of a Renaissance of growth and that's everything we see from our checks W bush analyst Dan IES has drawn comparisons between Apple Inc dosao stock following WWDC 2024 with Nvidia Corp dos nvda robust second quarter performance what happened on Wednesday after Nvidia reported its earnings and the company shares tumbled IES took to X formerly Twitter and shared his observation he noted a shift in sentiment towards Apple from initial negativity post WWDC 202024 to a more positive outlook he said that Apple stock which was around $ post event has now risen to $226 he said we always Focus On Demand guidance and growth set IES underscoring the key metrics for evaluating a company's performance I use a stock market strategy in which I pick 10 stocks every month using artificial intelligence and get massive returns using this strategy I have turned $4,000 into $143,000 in the last one year the 10 stocks I bought last month has given me 177% return and I have again bought these 10 stocks if you want to learn the strategy which I have revealed in my 3-hour course and get access to see which 10 stocks I'm buying every month and which trades I'm taking plus all these benefits click the link in description and join my patreon join fast because this is a limited time offer Nvidia said Wednesday it planned to ship out billions of dollars worth of Next Generation AI capable chips by the end of the year Nvidia says the chips which were delayed in early August until the fourth quarter of this year will be even better at handling the heavy work workloads of AI processing and Quantum Computing shares sank nearly 4% after hours but analysts are still confident that the company's momentum will keep up this is the most watched earnings not just in Tech but in the market in many years wedbush Securities analyst Dan Ives told the Associated Press investors will initially overreact to any sort of short-lived weakness but I believe this actually put more fuel into the tank of the bull market Wall Street has been keeping an eye on Nvidia to gauge the sustainability of new tech and AI initiatives Nvidia has already climbed 122% from a year ago at one point this year it was valued at over $3 trillion now the question is if it can keep soaring that uncertainty matters because like it or not Nvidia plays a central role in our economy Dan Ives managing director and Senior equity research analyst at wedbush Securities says that nvidia's performance is uniquely responsible for the wider generative AI revolution in large part because of its integral role in the supply of gpus according to estimates by Morgan Stanley researchers nvidia's demand for Leading Edge semiconductor Wafers is so great that it accounts for half the whole Global Market this year in viid is also the largest consumer of hbm memory chips whose low power consumption and wide communication lanes are useful for gpus the Morgan Stanley researchers ad Nvidia believes it's likely to see even greater performance in the rest of the year forecasting third quarter revenue of $32 billion while also expecting billions of dollars from its proprietary Blackwell computer architecture that helps chips run AI systems more smoothly the forecast success of Blackwell was enough for Rick schaer managing director and Senior Analyst at Oppenheimer to maintain his outperform rating for NVIDIA despite the stock market response we see Nvidia best positioned in AI benefiting from Full stack AI Hardware software he wrote yesterday IES for his part believes nvidia's performance is a big piece of the economic puzzle that is responsible for the success of tech stocks more widely and given that the Magnificent Seven Tech firms are group that includes Nvidia account for around a third of the entire value of the sp500 double the proportion it was a decade ago success for the chipmaker means success for the chipmaker means success for The Wider economy in fact Ives believes that every dollar spent on an Nvidia GPU has a wider halo effect of around $8 to $10 on the wider Tech sector which he says speaks to our firmly bullish view of tech stocks over the next year but that concentration of Market power worries others not least because it's not clear whether the company is leading with a good example Nvidia has yet to share a single life cycle analysis for any of their products says Sasha Loni a researcher in ethical and sustainable AI at hugging face so we don't know how much water energy and rare earth metals are going into these things and on the flip side while success for NVIDIA means success for The Wider economy failure or stum have the same wider effect the notion that Nvidia could be the face of a tech bubble with Echoes of the doom boom raises a red flag for some analysts not least because a good number of the early use cases for generative AI have yet to come to fruition nvidia's continued success is owed to sales of its Graphics processing units computer chips that are powering today's AI models its $30,000 h100 is the market leading chip while the cheaper a 100 GPU costs around $8,000 nvidia's results outstrip most analysts forecasts I use a stock market strategy in which I pick 10 stocks every month month using artificial intelligence and get massive returns using this strategy I have turned $4,000 into $143,000 in the last one year the 10 stocks I bought last month has given me 177% return and I have again bought these 10 stocks if you want to learn the strategy which I have revealed in my 3-hour course and get access to see which 10 stocks I'm buying every month and which trades I'm taking plus all these benefits click the link in description and join my patreon join fast because this is a limited time offer which expected around $28.6 billion of Revenue in the quarter yet Market Watchers and The Wider economy which is responding to the buoyancy of Nvidia was split after hour's Traders caused the stock price to fall more than 6% as Nvidia Chief Financial Officer Colette Crest closed her pre-prepared statement on the firm's earning call the stock is getting pummeled because it turns out when you get the market used to having these ridiculous Revenue multipliers quarter over quarter the market gets upset when you don't keep doing it says the podcaster and financial commentator Ed zitron $30 billion of Revenue $6.59 billion of profit is huge but not when you've accelerated your Revenue so dramatically and that all comes down to Nvidia CEO Jensen hang his state-of-the-art Graphics processors once used to Power video games now fuel the AI Gold Rush thanks to their ability to perform computations in parallel rather than in sequence like most Central processes once Network together in massive compute clusters they become powerful neural networks without which generative AI is not possible there is one company in the world that is the foundation for the AI Revolution IES Road on Thursday and that is NVIDIA with the Godfather of AI Jensen having the best perch and vantage point to discuss overall Enterprise AI demand and the appetite for nvidia's AI chips looking forward IES predicts another Masterpiece from nvidia's hang should hang confirm that customers are continuing to line up for every last Chip he can sell Bulls like IES will likely feel confirmed in their thesis that the AI party is only just beginning or as he puts it the market is relieving the 1995. comom boom not the 1999.com crash by his estimate then Market valuations are still very much in the face where a youthful shaggy-haired Mark andron first took Netscape public we haven't gotten to the AI equivalent of pets.com quite yet the stage is set for Tech move higher 28 will be a significant event for the tech industry IES emphasized that the earnings call Will capture the attention of investors globally as they await insights from CEO Jensen hang on the future demand for artificial intelligence chips through 20125 wed Bush's Dan Ives believes that the highly anticipated earnings report scheduled for August 28th will prove not only an exciting event but also a drop the mic moment Nvidia indeed should the semiconductor giant meet and particularly if it exceeds expectations it is likely that the Stock's recent struggles in the market Nvidia wire hedge funds bullish on this self-driving car stock NOW the company posted a successful first quarter of 2025 with Revenue growing 262 year-over-year to 26 billion dollar backed by exceptional performance in its data center and gaming segments the data center Revenue was was up 427 year chip stocks will regain momentum over AI demand analyst says KeyBank Capital markets equity research analyst John vj's morning brief to give insight into the chip sector and how semiconductor stocks May perform as big Tech leans harder into AI the analysts said they expect a reported delay in nvidia's Blackwell chip to have a modest impact in the third quarter though it could be partially offset by heightened demand for Hopper Blackwell's predecessor here's how an Nvidia stock extended its recovery rally on Monday Goldman Sachs reaffirmed its positive outlook on Nvidia and shares of the AI chip Behemoth Advanced 4.4% get ready for another upswing says Ruben Roy about Nvidia stock according to stifles Ruben Roy a five-star analyst rated in the top 2% of the street stock Pros the answer is a resounding yes we are again expecting a beat raise scenario for July results and October guidance says Roy we expect management commentary coupled with supply chain data points over the coming weeks to lead to higher conviction as it pertains to nvidia's earnings power in c2025 the fstar analyst said Nvidia stock Advanced 4.4% Monday one of the biggest gains in the SP 500 the gain was due in part to Goldman Sachs reiterating its positive outlook on the company Goldman was just the latest Wall Street firm to express enthusiasm about Nvidia after the Stock's sharp decline earlier this month stock has gained 31% over 8 Days Nvidia stock has gained 31% over the past eight trading sessions and is fast approaching its all-time closing High of $135 58 set on June 18th shares closed Monday's session at $130 Nvidia is scheduled for release its eagerly anticipated quarterly earnings report on August 28th the company has blown past increasingly lofty Market expectations in the past several quarters as anticipation of nvidia's upcoming earnings report builds Raymond James analyst said they expect a solid quarter on demand for its artificial intelligence AI chips1 we are looking for another quarter from nvda despite the noise surrounding blackwall delays the analyst said reiterating a strong buy rating for the stock reported delays in the blacko chip sent nvidia's stock price tumbling earlier this month though the chip maker has said production is on track to ramp in the second half of the year as planned investors are likely to be watching for indicators of the delay's impact analysts expect robust demand from cloud service providers cesp to drive out performance by nvidia's data center segment despite concerns about the delayed launch of the company's Next Generation chip architecture called Blackwell favorable outlooks from brokerages have helped Nvidia out of a slump that accelerated at the beginning of the month amid a broader Market sell-off pre- earnings concerns and doubts about the Blackwell timeline Goldman Sachs Bank of America ubsa