Only one step away from reaching the summit of the world! Nvidia's market value has exceeded $3.5 trillion, and Wall Street continues to be bullish
David墨
发表于 7 小时前
1149
0
0
AI (Artificial Intelligence) chip leader Nvidia's stock price has reached a new historical high, with a market value exceeding $3.5 trillion.
On October 21st local time, Nvidia's (Nasdaq: NVDA) stock price surpassed the intraday high of $140.89 set last week, closing at $143.71 per share, up 4.14%. Its total market value reached $3.525 trillion, approaching Apple, which currently has the world's largest market value of $3.596 trillion.
Although ASML's third quarter financial report unexpectedly exploded a week ago, causing a heavy blow to US chip stocks including Nvidia, TSMC subsequently released a stronger than expected third quarter financial report and raised its performance guidance, revitalizing the chip sector. TSMC Chairman and President Wei Zhe jia emphasized during the post earnings conference call that the demand for artificial intelligence is real.
In addition, Nvidia's first Blackwell chip GB200, launched in March this year, will begin large-scale shipments in the fourth quarter. Nvidia CEO Huang Renxun has repeatedly stated in previous interviews that the market demand for Blackwell chips is so strong that it is "insane".
According to the latest report by Guo Mingchi, an analyst at Tianfeng International Securities, it is expected that the shipment volume of GB200 chips will reach 150000 to 200000 pieces in the fourth quarter, and significantly increase by 200% to 250% in the first quarter of 2025, reaching 500000 to 550000 pieces.
This means that Nvidia may only need a few quarters to achieve the goal of GB200 sales exceeding one million. Guo Mingchi said that currently, Microsoft is the world's largest customer for GB200 chips, and its order volume surged by 3 to 4 times in the fourth quarter of this year, exceeding the total order volume of all other cloud service providers.
Although Nvidia's stock has risen significantly, many Wall Street analysts believe that its stock price still has further room for growth.
According to Factset data, currently, 59 out of 64 analysts give Nvidia a "buy" or "outperform the market" rating, while the remaining 5 give it a "hold" rating, with an average target price of $150.27 for Nvidia.
Recently, market research firm CFRA raised Nvidia's target price from $139 to $160. Analysts from Bank of America have also raised Nvidia's target price from $165 to $190, calling the stock a "top AI choice" and buying Nvidia a "once-in-a-generation opportunity".
According to the closing price on the 21st, a target price of $190 means there is still more than 32% room for increase.
Bank of America analysts point out that the overall demand for AI in the market is growing strongly. In addition, Nvidia's strong performance in the enterprise AI field is also noteworthy, as Nvidia has become the preferred partner for enterprise AI hardware and software.
Dan Ives, an analyst at Wedbush Securities, expressed a similar view in a report to investors, stating that with the explosion of AI application scenarios, corporate spending has skyrocketed, and Nvidia is in a leading position in the industry. Ives predicts that by 2027, the AI infrastructure market will grow tenfold, and companies will invest $1 trillion in AI capital expenditures during this period.
Ives said, "Technology stocks will once again see a 20% increase in 2025, and this technology bull market driven by the AI revolution has just entered the next stage. We believe that the Federal Reserve and Powell have initiated an active interest rate cut cycle, and a macroeconomic soft landing is still the way forward. AI related technology spending is a just starting cross era wave
It is worth noting that starting from this week, the "Big Seven" in the US stock market will gradually release their financial reports, which may have a strong impact on Nvidia's stock price. Analysis indicates that the market will pay special attention to the capital expenditure plans disclosed by Microsoft, Amazon, Google parent company Alphabet, and Meta in their financial reports. In the second quarter of this year, over 40% of Nvidia's total revenue came from the contributions of these four companies. Nvidia's financial report is expected to be released on November 20th.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- The 'miracle' of consecutive record highs and lows in the US stock market: Wall Street panicked but kept buying
- Global lithography giant lowers performance expectations, Nvidia's market value evaporates by $158.71 billion overnight
- Goldman Sachs bets that the Federal Reserve will continue to decline six times in a row! Illustrated Wall Street Investment Bank's Latest Interest Rate Forecast
- Before the US stock market opened, Chinese concept stocks rose threefold, while the FTSE China ETF rose over 14%; Bank of America reiterates Nvidia's "buy" rating and raises its target price to $190; Tesla's number of supercharging stations exceeds
- ASML's' Big Thunder ', Intel and Samsung' Blame '? NVIDIA and TSMC are in internal conflict! Tech giants' earnings season is not calm
- NVIDIA GPU租赁价格腰斩!H100和RTX 4090双双猛跌50%
- NVIDIA GPU rental prices halved! H100 and RTX 4090 both plummet by 50%
- NVIDIA GPUレンタル価格が足踏み!H 100とRTX 4090がともに50%急落
- NVIDIA GPU 임대 가격 요절!H100 및 RTX 4090 모두 50% 급락
- The Federal Reserve may not cut interest rates next month! Wall Street asset management giants list top 10 economic tailwinds
-
英偉達氏はインドと人工知能チップの共同開発について初歩的な交渉を行っているという。
- 宁郎
- 7 小时前
- 支持
- 反对
- 回复
- 收藏
-
2024年のダブル11電子商取引フェスティバルで、アップルが発表してからわずか1カ月のiPhone 16シリーズ全シリーズが値下げを迎えたことが21日、明らかになった。これは新機が発表されて以来、公式チャンネルでの値 ...
- 愿为素心人
- 昨天 21:36
- 支持
- 反对
- 回复
- 收藏
-
【NVIDIA GPUレンタル価格が腰砕け!H 100とRTX 4090は共に50%急落】メディアの報道によると、最近、NVIDIA GPUレンタル市場は激しい価格変動を経験した。特にH 100とコンシューマークラスのグラフィックスカードRT ...
- 什么大师特
- 昨天 19:42
- 支持
- 反对
- 回复
- 收藏
-
天風国際証券アナリストの郭明錤氏が最近発表した英偉達Blackwell GB 200チップの産業チェーン受注情報によると、現在マイクロソフトは世界最大のGB 200顧客で、今年第4四半期の受注量は3-4倍に急増し、受注量は他 ...
- 123458104
- 前天 10:03
- 支持
- 反对
- 回复
- 收藏