Present-day movie focuses on recent news impacting Nvidia (NASDAQ: NVDA). The 1st is how Micron Technological know-how (NASDAQ: MU) presented bullish commentary on the knowledge centre marketplace. Sad to say, the second is reviews of a slowdown in the graphics industry. Below are some highlights.
- On May perhaps 12, Micron Technological know-how hosted its trader working day celebration, providing wonderful perception into the semiconductor marketplace. Nvidia traders could possibly get excited that Micron believes the details centre and graphics market place will practical experience powerful progress driven by secular strength in artificial intelligence and device finding out. A different market place exactly where Micron sees speedy development is the automotive market. All markets are types that Nvidia presently supplies answers to.
- Asus, a organization that sells desktops, laptops, and Laptop parts, expects a slowdown in the Computer system industry for Q2 2022. One particular ingredient with a sharp fall is graphics cards, as demand from customers from crypto miners has eased. Nvidia is the industry leader in graphics cards and might expertise a additional important drop than some of its opponents.
- Nvidia will be hosting its most current earnings connect with on Could 25, but a couple of days earlier on May perhaps 23, Nvidia will be at Computex web hosting a keynote. During the keynote, Nvidia is predicted to current some of the latest goods and technologies for players. Nvidia could expose some information and facts about its future-technology graphics playing cards.
*Inventory price ranges applied have been the closing rates of May perhaps 12, 2022. The online video was released on May 12, 2022.
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