Analyst reacts to Nvidia's 2024 GTC conference, details risks

As Nvidia's (NVDA) GTC conference continues, Moor Insights & Strategy CEO Patrick Moorhead joins Yahoo Finance Live to discuss the minimal stock reaction to the event.

Moorhead believes that although investors expected "a knockout blow," the muted price action reflects investors' concerns about how Nvidia's new products stack up against competitors' offerings. Moorhead notes that Nvidia's new chip is essentially "two chips stitched together," creating a costlier product. While the new lineup may be more expensive, the company will deploy a "good, better, best" strategy, keeping all chip variants on the market.
Despite Nvidia's dominant market share, Moorhead raises concerns about the sustainability of this position if the company fails to grow its market share further. He suggests that without continued market share growth, it might be challenging for Nvidia to maintain its current dominance.About Yahoo Finance:

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[hullbruce]

I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $500, 000 or less..

[jeffrose]

When NVIDIA is $1, 500 per share, remember this moment, when you could have bought it under $900.

[gagnepaingilly]

Been beating myself up a bit that I sold my 53 shares of NVDA at $303 each back in May 2023. Now thinking of liquidating a few other investments to rebuy but afraid to do so. I also currently have 500k in savings making me next to nothing.

[morbiusspectralghost]

be quite. the reason why its not surging yet its bcoz of Powell is yet to announce his report tomorrow..

[vickirushrush]

I have seen the observation that Nidivia partners well with other companies.

[Gless]

Somehow all these 'strategists' miss out a simple fact, NVIDIA is about platform play not just 'chips'. Where do Intel & AMD stack up?

[MrMountain]

Jensung already said Blackwell will cost $30-40k. That is the same price as the H100

[cya]

does amd and the competitors also have the whole software solutions around it? we will come soon at a point where performance matters the most. im no expert but i dont believe any of the competitors have a product in that sum that is performing better.

[darrenhere]

5 customers account for more than 2/3 of their revenue, but its a far better buy than AMD

[MARKXHWANG]

Great the more doubt we have, the longer the road to rise to

[AgentX]

Investors do not understand Nvidia! Only those who work in technology are buying this like electrical engineers, gamers, high level people in tech in computer hardware designers!😮

[kclyt]

Bring a technical SME to explain this, not finance person.

[frasersamuel]

Im fortunate bought nvidia about two years ago. Im going to hold forever & hopefully it continues to boom.

If I was investing now I would only open a small position

[Jaymilnere]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

[trailguy]

“Disrupters often get disrupted” …I’m not sure where I heard that, but it’s worthy of repeating. Let Cathy wood pick a bundle of them for you. ARK funds.

[PeterParker-wjcr]

Now i understand why the investing legends say ignore the main stream media. Nvidia currently is already priced to perfection. I would of been shocked if the share price skyrocketed off of yesterday's event.

[Fast_studyIQ]

This proof that intel packaging is used in nvidia Blackwell platform !!

[darrenhere]

but AI will save market...
"Zoom has opted to add artificial intelligence features into its premium video-calling plans at no additional cost."

[kirankumarsukumar]

Nvidia can do wonders in future but when the stock market has a new trend it will lose air

[BriansWealthJourney]

My only beef with Nvidia is the trillion + dollar market cap. They are an awesome disruptor.