Ives on Nvidia Earnings, AI, Trade War, China
Dan Ives of Wedbush Securities talks about the latest earnings report from Nvidia. He says the chipmaker is leading the AI revolution. He also talks about the US trade war with China and Nvidia competing with Huawei. He is on "Bloomberg Surveillance."

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
Nvidia Stock Jumps as Jefferies Sees Margins 'Could Skyrocket to 80%'
June 3 - Shares of Nvidia (NASDAQ:NVDA) climbed about 3% Tuesday morning after Jefferies named the chipmaker a top stock pick and projected profit margins could hit as high as 80% this year. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Jefferies analyst Blayne Curtis added Nvidia to the firm's highest conviction list, citing the ramp-up of next-generation Blackwell chips. In his view, mounting demand for Blackwell is poised to drive a significant margin expansion. Currently, Nvidia's gross margins sit near 61%, but Jefferies predicts they could leap toward 80% as Blackwell volumes accelerate. Margins at that level are rare in hardware, underscoring Nvidia's robust pricing power and market position. The firm says Nvidia has evolved beyond selling standalone chips, emerging as a comprehensive AI infrastructure provider. Customers ranging from hyperscale datacenters to hedge funds are lining up for its combined hardware, software, and systems offerings. Continuous software licensing and large-scale deployments are expected to bolster profitability as AI workloads proliferate. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
42 minutes ago
- Bloomberg
Kuwait Wealth Fund Joins Microsoft-Backed $30 Billion AI Venture
Kuwait's sovereign wealth fund is joining a Microsoft Corp.-backed initiative to bankroll $30 billion in artificial intelligence infrastructure globally, as the oil-rich Gulf nation looks to tap into the booming sector. The Kuwait Investment Authority will become the first non-founder financial anchor in the AI Infrastructure Partnership, according to a statement on Tuesday that didn't disclose any financial commitment. Microsoft, Abu Dhabi's MGX and BlackRock Inc. had in March added Elon Musk's xAI and chipmaker Nvidia Corp. to the initiative.
Yahoo
an hour ago
- Yahoo
Nvidia Added to Jefferies 'Franchise Picks'
Jefferies analysts added Nvidia to their list of "Franchise Picks," which encompasses the firm's "highest-conviction, Buy-rated" stocks. Nvidia is the 'dominant supplier of AI accelerators' to data centers, Jefferies said. The chipmaker's revenue projection impressed Jefferies, given the significant loss in China sales Nvidia expects amid tighter U.S. export has added Nvidia (NVDA) to its roster of 'Franchise Picks,' a group its analysts describe as 'our highest-conviction, Buy-rated stocks.' In Nvidia's case, the reason for conviction is the chipmaker's position as the 'dominant supplier of AI accelerators' to data centers, facilities that house the advanced computers used to develop and train artificial intelligence models. Jefferies came away from Nvidia's quarterly results impressed with the chipmaker's revenue projections—which largely mirrored what analysts expected despite a larger-than-expected impact from U.S. export curbs. Nvidia said it expects to take an $8 billion hit this quarter due to lost revenue from sales of H20 chips, which the Trump administration barred from being sold in China. The analysts pointed to the 'massive step up' in AI commitments from Saudi Arabia and the United Arab Emirates as a reason for revenue optimism. Last month, Nvidia agreed to supply chips to Saudi AI startup Humain, while the U.S. and UAE reached a deal allowing the Middle Eastern nation to import American-made AI chips. Nvidia, grappling with Microsoft (MSFT) for the title of the most valuable company in the world by market capitalization at more than $3.4 trillion, traded 2% higher shortly after the opening bell Tuesday. The stock has gained roughly 5% so far in 2025. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data