The Good News and Bad News for Nvidia Investors
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.
https://www.youtube.com/look at?v=z0e9kkCKOLs
10 stocks we like improved than Nvidia
When our award-successful analyst workforce has a inventory suggestion, it can shell out to hear. Immediately after all, the publication they have run for over a 10 years, Motley Idiot Stock Advisor, has tripled the industry.*
They just exposed what they imagine are the ten best shares for buyers to obtain ideal now… and Nvidia was not one particular of them! That is right — they consider these 10 shares are even superior purchases.
*Stock Advisor returns as of April 7, 2022
Randi Zuckerberg, a previous director of industry advancement and spokeswoman for Fb and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Jose Najarro has positions in Meta Platforms, Inc. and Nvidia. The Motley Fool has positions in and endorses Meta Platforms, Inc. and Nvidia. The Motley Fool has a disclosure plan. Jose is an affiliate of The Motley Fool and might be compensated for endorsing its companies. If you opt for to subscribe through his connection, he will gain some further revenue that supports his channel. His viewpoints keep on being his very own and are unaffected by The Motley Fool.
The sights and opinions expressed herein are the views and viewpoints of the creator and do not automatically mirror all those of Nasdaq, Inc.