Nvidia

NVIDIA reported impressive October results and raised guidance for January above Street expectations. Outside of the noise of the quarter, including China chip restrictions, Nvidia has no competition and remains the primary beneficiary of what will likely be a 5+ year AI infrastructure build-out.

NVIDIA reported its second consecutive blockbuster quarter and guidance showing the AI theme is for real. Investors largely shrugged off the impressive results given expectations were high and the NVDA investment focus is shifting to how persistent the company's growth will be over the next few years. I believe they will continue to own the pole position in AI computing hardware at least through 2025. After that high margins will like bring in chip competition.

Takeaways: Another rough day in the market. Second time in a week that we’ve seen a two standard deviation move in the NASDAQ. Fear is controlling the market, and will continue until… who knows. Epic needling Apple with its Fortnite…

Shares of NVDA were down 1% after hours following the company’s October quarter report. It’s worth noting, in the past three months shares are up 37%. We remain long-term positive on the Nvidia story given the company’s 3-5 year opportunity…

Investing in Nvidia has been a rollercoaster. We believe revenue growth will reaccelerate over the next 12 months to 30% plus after being down an average of 17% over the past three quarters. The company is entering a year of…

We recently ran through the top-performing stocks in the S&P 500 for the last 15 years. At the very top were some household names like Netflix >12,000% returns, Apple >10,000% returns, revolutionizing the way people experience the world, and Amazon…

Nvidia reported April results that were essentially in-line with the Street. Shares of NVDA traded up ~2% in the aftermarket given the company reported an in-line quarter and effectively guided in-line with the Street for the first time in a…

Shares of NVDA are trading up 5% after hours, as final results for Jan-19 were in-line with the disappointing pre-announcement. While we are believers in the Nvidia story and expect the company to be one of the more notable winners…

Shares of Nvidia are down 15% after the company lowered its guidance for the fourth quarter. Full Jan-19 results will be reported on February 14th. Nvidia pre-announced Jan-19 results 19% below the Street. ($2.7B to $2.2B). This miss is particularly…

At Nvidia’s CES keynote the company announced a new graphics card, the RTX 2060, and 40+ RTX laptop models from all major OEMs. The three key takeaways are: The company has shifted its CES focus back to gaming, with the new…

Shares of NVDA are down 16% after-hours. While the near-term is ugly, the long-term story is intact. Nvidia missed Oct-19 revenue by 2%. The biggest miss occurred in its gaming segment. Crypto miners have been using gaming products for mining…

Eight years ago, we wrote a note titled, “No Such Thing as a Value Stock in Internet?” The hypothesis was that technology stocks, by nature, must be growth stocks to be compelling. Technology is inherently new, so investors look for…