The 2 reasons why Nvidia will keep outperforming: Analyst скачать в хорошем качестве

The 2 reasons why Nvidia will keep outperforming: Analyst

Nvidia (NVDA) posted a beat in its fiscal third quarter results Wednesday afternoon, with revenue growing 94% year-over-year. However, that was not enough to increase the stock price. New Street Research analyst Antoine Chkaiban joins Morning Brief to analyze Nvidia's latest quarterly performance. Chkaiban currently holds a price target of $173 per share on the semiconductor giant. Chkaiban notes that "Nvidia printed a strong third quarter," pointing to strong demand for Nvidia's Hopper and Blackwell chip lineups. "And so now, I think the key question is what happens in 2025?" He points out two things that create a favorable environment for Nvidia's growth. First, there are no indications of GPU overcapacity, and hyperscalers remain committed to spending, which will likely enable Nvidia to continue exceeding market expectations. Second, data center power capacity is expanding at an unprecedented rate. "Bottom line is Nvidia is really well-positioned for 2025," Chkaiban tells Yahoo Finance. #youtube #Nvidia #news About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X:   / yahoofinance   Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook:   / yahoofinance   LinkedIn:   / yahoo-finance