- This topic has 15 replies, 6 voices, and was last updated 5 years, 8 months ago by
.
- Posts
Powerful presentation and stock up to new ATH at one point. Level 5 takes $NVDA way ahead of the pack. The VR was pretty cool too – thanks for that.
technology was suppose to make lives easier
and give people more free time to spend with family, friends and see the worldseems it has done the opposite
[quote=”Assistanc3″ post=2211]technology was suppose to make lives easier
and give people more free time to spend with family, friends and see the worldseems it has done the opposite[/quote]
Yes it has become the great disrupter
the problem is, technology is used for profit not about making life better
look no further than Apple
the “new” iPhones are not advancing technologically speaking in leaps and bounds but they release a “new” phone at a higher price.AI is going to put a lot of people out of jobs and prevent 3rd world countries from getting out of poverty
Yes they have created a false market of NOW Now Now and consumerism – they use the third world to make things cheaply and sell them expensively to the first world
Needham analyst Rajvindra Gill raised price target on Nvidia $NVDA to 250 from 200 and reiterated his buy rating.
Nvidia shares rose 1.9% to 194.59 on the stock market Friday. In intraday trading Nvidia stock reached 195, its second record high in as many days.
The total addressable market for data-center processors could be $21 billion to $35 billion over the next five years, Gill said.
“While we expect gaming to continue to grow robustly, we believe our data center estimates of $1.7 billion in fiscal 2018, $2.1 billion in fiscal 2019 and $2.8 billion (in fiscal 2020) could prove conservative addressing (a) $30 billion total addressable market,” Gill said.
NVDA is at the forefront of each key tech movement – machine learning, deep learning, Virtual reality, crypto and clearly self driving cars,
Impressive
Jefferies analyst Mark Lipacis reiterated buy rating on Nvidia
– Raised his price target to 230 from 180
“We believe Nvidia’s Volta GPU with its Tensor cores keeps it well ahead of competition in neural network training, and will translate to upside surprises over the next 18-24 months,”
“A key differentiator for Volta is its Tensor cores, which enable it to process matrix multiplication operations in a highly efficient manner — key for neural network training,” Lipacis said.
RBC Capital Markets raised its price target on Nvidia $NVDA
Target to 230 from 220 and reiterated its outperform rating.
RBC analyst Mitch Steves : “Heading into the October-quarter earnings call, we remain positive on Nvidia. “Specifically, we think data center growth will be at or above our expectations and gaming will see sustained positive trends partially helped by cryptocurrencies for the second quarter in a row.”
[quote=”ThePitBoss” post=2794]RBC Capital Markets raised its price target on Nvidia $NVDA
Target to 230 from 220 and reiterated its outperform rating.
RBC analyst Mitch Steves : “Heading into the October-quarter earnings call, we remain positive on Nvidia. “Specifically, we think data center growth will be at or above our expectations and gaming will see sustained positive trends partially helped by cryptocurrencies for the second quarter in a row.”[/quote]
Nvidia is scheduled to report fiscal third-quarter financial results on Nov. 9.
Heads Up Nvidia $NVDA reports third-quarter results after the close Thursday.
Estimates: Profit up 13% to 94 cents a share on 18% revenue growth ofo $2.36 billion. Lots of excitement with AI and Cryptos with #bitcoin up 10% today
- You must be logged in to reply to this topic.