Nvidia Holders Retire With 1 Million | NVDA Stock Daily News

what they're already calling nvidia's buzz kill quarter but the they happen to be like the people having an Nvidia watch party yes there was one there's nothing to celebrate here move on all right let me just inject a note of Sanity to pin prick all the insanity about this amazing company invia just reported in a a stupendous quarter 122% Revenue growth for say adjusted earnings per share increase 152% company announces a $50 billion buyback 50 billion here 50 billion there I come on yet it's still seeking in after hours because the expectations got out of hand worse nvidia's become overly important to the fate of the entire stock market that even I who once named my dog after this company think it's all gotten to be too much we know that artificial intelligence is the way of the future we also know that Nvidia is the best play there were no functional changes Mr Huang said on the call customers are continuing to purchase nvidia's current line of gpus he said because they need accelerated computing in the end though Nvidia has become an albatross around the Market's neck because no one's stock going to be a proxy for the future of the S&P 500 yet that's exactly what happened as Nvidia romed from around $500 billion in market cap just 18 months ago to more than $3 trillion now maybe after tonight it will shed that Millstone that Apple you know what that would be a godsent for all of us Mr hang has pushed to bolster its business and compete with its customers last year the company developed its own cloud computing product dgx Cloud which charges customers $37,000 a month to have access to and control one of its super computers yeah I was surprised by that options Paradigm um we would have taken the under on volatility um but you been you'd have been right right yes but this this this report here is really all about that whisper being a tad shy the gross margins are related to the Blackwell delay uh they're nothing more than that if I were to nitpick maybe op's uh guidance was a little high but that's it this this is much to do about nothing Hopper demand remains strong and the anticipation for Blackwell is incredible inidia CEO Jensen hang said adding that the chipmaker achieved record revenues as global data centers are in Full Throttle to modernize the entire Computing stack with accelerated Computing and generative AI a AI is an enormous opportunity and they're investing in front of the that opportunity and in front of products that are going to be coming out five years from now um so I I would expect Ops to miss uh you know be worse um for many many quarters to come in fact data center revenue for the fiscal second quarter was $26.3 billion setting a new record high and more than doubling from the year prior he says that Nvidia is driving the cost down of training large language models with more High performing cutting Edge chips he says nextg AI models will take 10 20 even 40 times more compute now as to the role hyperscalers are playing in driving envidia Data Center business the CFO CL Crest share that cloud service providers represented roughly 45% of data center revenue and the inventory crunch is easing for its current GPU platform Hopper CF nvidia's highly anticipated Blackwell is expected to help cement its AI leadership with CEO Jensen hang previously saying he expects nvidia's Blackwell platform could be the most successful product in the company's history City analysts maintain a buy rating on Nvidia stock raising their price Target to $150 they anticipate the stock reaching new highs post earnings particularly as the company provides insights into its new AI chip Blackwell cycle and then put a lot of new feature functionality and bundle into the Blackwell platform so that was a very aggressive agenda and it's not that surprising that there's some challenges that they have to encounter if they can still ship in the their fiscal fourth quarter that's a very good sign and by the way their customers don't really care that much their customers are just going to continue to buy the latest and greatest Revenue was 3.04 billion in the quarter surpassing its $28 billion estimate in May net income Rose to $16.95 billion from $6 6.19 billion a year ago eclipsing the most recent quarterly profits of meta and Amazon and if that's the h200 they'll just continue to buy h200 they have made that abundantly clear on their conference calls Microsoft meta Amazon Google Tesla Elon Musk made it abundantly clear they'll buy as much gpus as Nvidia can produce at least this year because they're saying the demand signals are there as long as the demand signals are there they'll buy whatever Nvidia is selling and towards the end of the year a piece of that will be Blackwell nvidia's value has Tri over the past year to more than $3 trillion from $1 trillion making it one of the three most valuable technology companies in the world along with Microsoft and Apple but uncertainty about the sustainability of the AI expansion has made its stock price more unpredictable than that of its peers nvidia's board also approved a new $50 billion share buyback plan the company said it had $75 billion worth of previously authorized repurchases as of the end of the first half in nvidia's earnings top expectations but growth slows Weighing on its stock data center Revenue Rises to record high on AI demand the chipmaker gave a stronger than expected outlook for the third quarter of fiscal 2025 with Revenue expected to be around $ 32.5 billion Hopper demand remains strong and the anticipation for Blackwell is incredible hang said Nvidia achieved record revenues as global data centers are in Full Throttle to modernize the entire Computing stack with accelerated Computing and gener ative AI the company's data center Revenue its most closely watched Financial metric increased by 154% from a year ago to $26.3 BN Revenue was $3.4 billion in the quarter surpassing its $28 billion estimate in May net income Rose to $16.95 billion from $619 billion a year ago eclipsing the most recent quarterly profits of meta and Amazon Nvidia says plans for New Black AI chip still on track after concerns about reported delays in nvidia's Blackwell AI chip sent nvidia's stock price tumbling earlier this month the chipmaker said Wednesday it began shipping some samples of its Blackwell chip in the second quarter and expects to ship several billion dollars in Blackwell Revenue during the fourth quarter as production ramps up after concerns about reported delays in nvidia's Blackwell AI chip sent nvidia's stock price tumbling earlier this month the chip maker said Wednesday it began shipping some samples of its blackw chip in the second quarter and expects to ship several billion dollars in Blackwell Revenue during the fourth quarter as production ramps up the chipmaker gave a stronger than expected outlook for the third quarter of fiscal 2025 with Revenue expected to be around 32.5 billion despite nvidia's earnings and revenue beat the chipmaker stock was down over 5% at $118 and 40 cents in extended trading Wednesday following the company's earnings release demand for nvidia's Blackwell chip outpaces Supply Nvidia Chief Financial Officer Colette cres said during the earnings call that demand for Blackwell platforms is well above Supply cres added that Nvidia expects this to continue into next year due to high demand even as production ramps up and availability improves still Nvidia shares dipped as much as 5% in after hour's trading following the report nvidia's Peerless AI processors have helped fuel a boom in AI Technologies across the tech sector as well as an AI craze on Wall Street the company's Shares are up a dizzying 154% this year and more than 3,000% over the past 5 years thanks to the AI frenzy the company's market value is now over $3 trillion one of only 3est companies ever to achieve that Milestone what's more there's only so long any company can continue to grow at such a fast clip while Nvidia beat Wall Street's expectations for the top and bottom lines investors appeared disa pointed that it didn't beat by a wider margin and rumors about potential delays in the company's latest AI chips called Blackwell had contributed to worries leading into the earnings report although Executives said during Wednesday night's earnings call that Nvidia still expects to begin earning revenue from Blackwell in this fiscal year Nvidia stock stock slips even after earnings top Wall Street estimates and demand for AI chip surge the company reported second quarter adjusted earnings per share of 68 cents per share up from 27 cents a year ago demand for generative AI products that can compose documents make images and serve as personal assistants has fueled sales of nvidia's specialized chips over the last year in June Nvidia briefly Rose to become the most valuable company in the sp500 the company is now worth over $3 trillion through the year's first 6 months nvidia's stock soared nearly 150% at that point the stock was trading at a little more than 100 times the company's earnings over the prior 12 months that's much more expensive than it's been historically and than the SP 500 in general that's why analysts warn of a sell-off if Wall Street sees any indication that AI demand is waning the Santa Clara California based company carved out an early lead in AI applications race in part because of founder and CEO Jensen hang successful bet on the chip technology used to fuel the industry the company is no stranger to Big bets nvidia's invention of the graphics processor unit or GPU in 1999 helped spark the growth of the PC gaming market and redefined computer Graphics retail investors bought big into Nvidia before earnings Vander retail investor purchases of nvidia's shares ahead of today's earnings report dwarfed buying of other high-profile Tech shares according to Vander research retail investors picked up a net $1.4 billion worth of the shares in the 5 days through Tuesday Vander said six companies led by Tesla saw net retail purchases of between $100 and $200 million a piece our data make it very clear that self-directed retail Traders have been a key driver of the rebound in Nvidia shares Vander wrote Wednesday afternoon but now individuals positions look relatively stretched and thus pose a risk to the stock should institutional players show muted appetite Nvidia said on Wednesday it had already shipped Blackwell Pilots to customers and partners it expected sales to ramp up from the the end of the year traders in the US Equity options Market had expected the earnings report to spark a more than $300 BN swing in the shares in advance of the release being made public but analysts said that the share price declines seen instead May reflect Jitters on the value question but early trading suggests that's not enough to keep the market happy it's less about just beating estimates now markets expect them to be shattered and it's the scale of the beat today that looks to have disappointed a touch some major customers including meta and Amazon were also hit but the red Figures were around the 1% Mark for both The Fortunes of Nvidia which holds 80% of the AI chip Market are being closely watched for signals that the big investment opportunity that is AI remains on a solid upward curve for NVIDIA a recession while seen as very unlikely would be a risk to demand for AI and therefore its products its prospects and success to date has earned at a lofty market value of $3 .2 TRN according to LSC data but the chipmaker Nvidia showed on Wednesday that enthusiasm for I is still running hot the company a bellweather for I spending blew past wall Street's expectations for another quarter reporting that it sales and profit had more than doubled during the 3 months that ended in July it also projected that sales in the current quarter would increase 80% from a year ago exceeding earlier estimates shares in the company which has been one of the Market's hottest stocks fell by as much as 7% in after hours trading as the company acknowledged that it had some production challenges with a forthcoming AI chip it said that the chip would still be available to customers this year the results speak to how Nvidia continues to dominate the market for ey chips even as it faces Rising competition and staggering expectations years before other big chip companies nvidia's chief executive Jensen hang bet that semiconductors known as Graphics processing units or gpus would make I systems possible he built the company over the ensuing years to Corner the market Nvidia now supplies more than 90% of the chips essential to building AI it is raking in sales as bigger companies such as Microsoft meta Amazon and alphabet the parent company of Google pour more than $50 billion into building AI data centers to support Endeavors as varied as chat Bots like chat GP Tate and pharmaceutical companies using the technology to develop new drugs in vividia is at the Forefront of what is expected to be $1 trillion in spending on data centers and energy costs to support AI according to analysts compensation benefits drove Nvidia expense growth compensation and benefit drove growth and expenses at Nvidia in Q2 according to published commentary by CFO coletes operating expenses according to generally accepted accounting principles Rose 48% year-over-year and 12% sequentially according to the commentary while n operating expenses Rose 52% and 12% respectively these increases were largely driven by compensation and benefits reflecting growth in employees and compensation the commentary read City analysts maintain a buy rating on Nvidia stock raising their price Target to $150 they anticipate the stock reaching new highs post earnings particularly as the company provides insights into its new AI chip Blackwell cnbc's Jim krammer offers a more nuanced perspective cautioning against judging nvi are solely on one quarter's performance he emphasizes the company's intrinsic value stating we can't judge Nvidia like other companies so we certainly can't judge at stock by one static quarterly snapshot however some analysts urge caution Dan IES of wedbush Securities notes while Nvidia growth story is compelling the current valuation leaves little room for error any hint of slowing demand could lead to a significant correction analysts well welcome the results despite signs that nvidia's extraordinary sales growth might ultimately slow the company continues to benefit from a market Paradox big Tech aggressive AI investment strategies Drive massive demand for nvidia's chips even as these same companies invest in developing their own silicon said Jacob Bourne a technology analyst with a marketer Nvidia has told customers that its next Generation AI chips code named Blackwell will be delayed several months from January though early samples are shipping to a small group of customers now however its current line of Graphics processing units nicknamed Hopper continues to sell well chief executive officer Jensen hang said in a press release Hopper demand remains strong and the anticipation for Blackwell is incredible hang said Nvidia achieved record revenues as global data centers are in Full Throttle to modernize the entire Computing stack with accelerated Computing and generative AI the company's data center Revenue its most closely watched Financial metric increased by 154% from a year ago to $26.3 BN