Latest news with #StacyRasgon
Yahoo
5 days ago
- Business
- Yahoo
Bernstein Reiterates ‘Outperform' Rating on Nvidia (NVDA) With $185 Price Target
On May 28, Bernstein analysts reiterated a positive stance on NVIDIA Corporation (NASDAQ:NVDA) even as the company faces regulatory pressures on its operations in China. The firm maintained an Outperform rating on the stock and a $185 price target. Bernstein analyst Stacy Rasgon acknowledged NVIDIA's difficulties in the recent quarter but praised its transparency in addressing them. Despite setbacks, he believes the company has factored in the negative effects in its financial outlook and may still see growth opportunities if it successfully navigates current restrictions. NVIDIA's 114.2% revenue growth and 75% gross profit margin highlight its strong market position. Bernstein remains optimistic about NVIDIA's future, citing the next-gen Blackwell GPU launch and expected improvements in supply chain issues later this year. Demand for computing power is also forecasted to stay strong into 2026, boosting its prospects. NVIDIA has been open about the challenges in China, earning analyst praise for its transparency. Meanwhile, the semiconductor industry is rapidly evolving, and NVIDIA's focus on innovation and supply chain management positions it well for future growth. NVIDIA is a semiconductor company that engineers the most advanced chips, systems, and software for the AI factories of the future. It also develops AI services that help companies create their own AI factories. While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and. Disclosure: None. 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
Yahoo
26-05-2025
- Business
- Yahoo
Nvidia earnings: What will matter the most for the chipmaker
Semiconductor manufacturer Nvidia (NVDA) is scheduled to report first quarter earnings this week on Wednesday, May 28. Ahead of its quarterly release, Nvidia CEO Jensen Huang unveiled several of the chipmaker's new projects at the 2025 Computex conference in Taiwan, including humanoid robotics and the company's NVLink Fusion program to develop semi-customizable semiconductors for customers' AI infrastructure. Bernstein Managing Director and Senior Analyst Stacy Rasgon shares his thoughts about what could weigh on Nvidia's quarterly performance and forward guidance, especially around the United States' curbs on AI chip exports to China and the company's latest deals in the Middle East. Also catch Rasgon weigh in on Nvidia's chip partnerships through its NVLink Fusion program. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Nvidia earnings on tap next week, the 28th. Stacey, what are some of the the questions top of mind for you on that print? Yeah, you there's some near term worries just because of the China bans. You know they were banned from selling this H200 part in China which is meaningful. And it's it's I think I I saw an article just today that said Jensen had kind of sized it, you know, potentially $15 billion and you know that that's kind of in line with what what we had thought and, you know, I think they're supposedly trying to work around some of the new constraints and so it's very possible that some of that revenue comes back. But I mean does it impact in Q2? It it very clearly might. I I don't think that that'd be a shock at this point. I think that's anticipated. But I think some of the noise around China and near term is certainly a concern um and and a question. Um I think there's also some of the supply chain stuff that just this Blackwell transition has been challenging. It does look like they're in production. Jensen made some comments on that last night. So, but the ramp of Blackwell like into the end of the year and into next year I think will will be a a question. And then clearly is this stuff from the Middle East and maybe from other places starts to ramp over the next several years like how can that contribute? You know investors have been worried that 2025 could be a local peak for CAPEX. And I would say the only ones that have really been worried about that are investors. Like the companies that are actually spending the money don't seem to be worried. CAPEX budgets have actually been going up, not down. But to the extent that investors can get confident, there's still more growth to be had as we go forward. Um I think that's sort of like for the long-term thesis I think that's what's most important.
Yahoo
26-05-2025
- Business
- Yahoo
Nvidia earnings: What will matter the most for the chipmaker
Semiconductor manufacturer Nvidia (NVDA) is scheduled to report first quarter earnings this week on Wednesday, May 28. Ahead of its quarterly release, Nvidia CEO Jensen Huang unveiled several of the chipmaker's new projects at the 2025 Computex conference in Taiwan, including humanoid robotics and the company's NVLink Fusion program to develop semi-customizable semiconductors for customers' AI infrastructure. Bernstein Managing Director and Senior Analyst Stacy Rasgon shares his thoughts about what could weigh on Nvidia's quarterly performance and forward guidance, especially around the United States' curbs on AI chip exports to China and the company's latest deals in the Middle East. Also catch Rasgon weigh in on Nvidia's chip partnerships through its NVLink Fusion program. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Yahoo
20-05-2025
- Business
- Yahoo
Bernstein Maintains Buy Rating on Nvidia as ‘Jensanity' Hits Taiwan
On Monday, NVIDIA Corporation's (NASDAQ:NVDA) CEO Jensen Huang announced a significant shift in the company's data center strategy at the 2025 Computex Technology Exhibition. Huang was met with widespread enthusiasm in Taiwan surrounding his visit, a sight often described as "Jensanity." Bernstein analyst Stacy Rasgon maintained a positive view on the announcements made by Huang, reiterating his Buy rating and $185 price target for NVIDIA (NASDAQ:NVDA) stock. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. Stacy Rasgon highlighted the company's NVLink Fusion announcement as particularly beneficial. However, the absence of major players like Intel, AMD, and Broadcom suggests that NVIDIA Corporation (NASDAQ:NVDA) might be looking to boost second-tier ASIC players. Rasgon also said that although NVIDIA is letting others use its tech, it might be a move to capture some business from hyperscalers who would develop their own ASICs regardless. He pointed out that initial partners like Marvell and MediaTek are second-tier players seeking to gain market share, and enabling them could benefit NVIDIA. The analyst also addressed the removal of diffusion rules and considered it a near-term positive, as it eliminates a potential headwind for NVIDIA's earnings report on May 28. While there are discussion about replacing these rules with individually negotiated bilateral agreements, particularly following announcements in the Middle East last week, the immediate removal alleviates concerns about constraints on NVIDIA's sales to most of the world. Rasgon also anticipates continued innovation and expansion into new markets beyond its core offerings, which include a push into networking and potentially PCs, referencing the DGX Spark workstation. While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
19-05-2025
- Business
- Yahoo
Nvidia opening up AI ecosystem with these partnerships, like Qualcomm
Nvidia (NVDA) CEO Jensen Huang unveiled several of the chipmaker's new projects at the 2025 Computex conference in Taiwan, including humanoid robotics and the company's NVLink Fusion program to develop semi-customizable semiconductors for customers' AI infrastructure. Bernstein Managing Director and Senior Analyst Stacy Rasgon expands upon Nvidia's partnerships with other chip players — such as MediaTek ( and Marvell Technology (MRVL) — and what this all means for other competitors, such as Qualcomm (QCOM) after it inks AI deals with Saudi Arabian developers. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Sign in to access your portfolio
