Breaking Down Nvidia's Earnings Results and Forecast

Gil Luria, D.A. Davidson technology research head, reacts to Nvidia's quarterly earnings and forecast. He speaks on “Bloomberg The Close.” Nvidia gave solid quarterly results and a bullish revenue forecast, with sales expected to be about $43 billion in the fiscal first quarter.

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[M.M.M.M.M]

nVidia showing absolutely great performance across all metrics in past quarter and year... still only gets a "barely met expectations" appraisal from the market :D

[kyloren]

Last 2 times beating expectations and still stuck 🤔

[ezraspielvogel]

We’re definitely headed for a correction:/

[Ryan-qx]

It was a really good quarter; not great. Low $130s price level seems like a pretty fair value for the company. I wouldn't be shocked if the stock trades in the $120-$140 range until the next earnings announcement. Translation: If you bought last June, then the stock has been pretty flat and will continue to be flat for the first half of this year.

[das]

Investors thinking this will just die down and level off and that once they supply demand that will be that. Little do they know, but AI will change everything in every industry and Nvidia will be making chips to help the rollout and to add, Nvidia are several generations ahead of their closest competition.

[bobbytang]

damn they really don't care about gamers anymore :(. Gaming segment missed by 15%.

[essence]

The gaming demand will definitely fall, consumers are not just buying anything… there are far too many issues with the 50 series’

[Ungoliant-dk]

this puff piece is as inflated as the valuation.

[justinlucas]

Good AI going to make would be fantastic

[jesuschrist]

Nvidia needs to create better GPUs for mobile. Imagine Samsung creating mobile PC in the form factor of their $100 entry mobile phones but selling these at $50 by removing the battery and the display. It'll totally upend the Microsoft tied PC GPU market. Unlike Linux, Android have an ecosystem of apps and next Gen mobile-PCs would be a game changer if not a disruption.

[DrRussPhd]

Meanwhile Nvidia CEO is still dumping stock in his own company. Still pumping the bubble then the big rug pull on the retail investors. Suckers.

[ssssss]

These talking heads haven’t got a clue, neither have these NPCs commenting