I’m worried about Nvidia in the long-term, demand decline may be inevitable: analyst
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- čas přidán 12. 05. 2024
- Ahead of Nvidia's Q1 2024 earnings Gil Luria, Senior Software Analyst, D.A. Davidson says while the short-term upside looks attractive, the long-term downside risk is inevitable. He thinks Amazon will turn out to be a better AI play.
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Nvidia is an ultra innovative company, spends billions on R & D, has top talent and is a visionary leader that will be going into new areas and new lines of business deep into the future.
This DF is shorting NVIDIA.
Absolute madness
I'm adding to my position in Nvidia before their May 22 earnings report
buying NVDA now is like apple in 2007
I’ll buy then 2026 is a long way ahead
Trashy information 🤦♂️ this guy would question a gold brick sitting in the palm of his hand!
No. Navida has always been cynical. Just look at the stock price over 14 years. Big swings up and down.
@@albertinsinger7443 False
@@keegankirk8848 i guess you have a brick wall for a head.
This “analyst” is assuming Nvidia is not constantly improving it’s chip technology. As if H100 is the end game?! Such low resolution thinking.
Not what he said. He is afraid customers won t buy. True. Every chip costs around $35.000 . Meta just spent 12 Billion $ on chips. They won’t be doing that every year. So even with innovations Nvidia might get less revenue in and that means the stock could come down in 2026. I am still bullish on NVDA. Price target $1100 this year and $1400 next year.
Considering that Nvidia was just caught continuing to sell their microcomputers to russian military drone manufacturer "Albatros" and even inviting them for the Nvidia conference. All despite US sanctions on selling this type of hardware to Russia and Albatros itself is under US sanctions as well. Made my choice of new video card easier - AMD - and that's after years of using Nvidia
Thanks for the useful insight
Can't fool me... short term price fluctuations means nothing... it's about Nvidia placing themselves into a position of dominance. For as long as they keep R&D going at a rapid pace they will generate revenue from AI it's as simple as that. The world needs Nvidia for AI as much as the world needs Tesla's Infrastructure if we're going to convert the world to EV's. Invest for the long term and buy the dips consistently month over month and s trop trying to guess when the next big pop and you'll come out ontop.