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2024-07-11

$Bank of America(BAC)$ holding this stock gave me continuous daily profit. Thank you.

2024-07-10

🥂

2024-06-27

Great article, would you like to share it?

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2024-06-24

one of the reason why I'm putting my stocks on hold.

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2024-06-11

$NVIDIA Corp(NVDA)$ Has proven their worth. Have exceeded forecasted revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.

2024-06-07

after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more. Thinking of 9 addtl shares and stock price possible increase would double up the gain.

2024-06-07

The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.

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href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a> holding this stock&nbsp;gave me continuous daily profit. 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Have exceeded forecasted&nbsp;revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> Has proven their worth. Have exceeded forecasted&nbsp;revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.&nbsp;","text":"$NVIDIA Corp(NVDA)$ Has proven their worth. Have exceeded forecasted revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/315658363629640","isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"content":"thinking of selling my stocks because of the drop. but then again the company is surely valuable. so might get hold of it","text":"thinking of selling my stocks because of the drop. but then again the company is surely valuable. so might get hold of it","html":"thinking of selling my stocks because of the drop. but then again the company is surely valuable. so might get hold of it"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314341886906584,"gmtCreate":1717775083353,"gmtModify":1717775731116,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more.&nbsp; Thinking of 9 addtl shares and stock price possible increase would double up the gain.&nbsp;","listText":"after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more.&nbsp; Thinking of 9 addtl shares and stock price possible increase would double up the gain.&nbsp;","text":"after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more. Thinking of 9 addtl shares and stock price possible increase would double up the gain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314341886906584","isVote":1,"tweetType":1,"viewCount":627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314336413499656,"gmtCreate":1717773750944,"gmtModify":1717774012768,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.&nbsp;","listText":"The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.&nbsp;","text":"The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314336413499656","repostId":"2441225657","repostType":2,"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":315658363629640,"gmtCreate":1718096444996,"gmtModify":1718096536550,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> Has proven their worth. Have exceeded forecasted&nbsp;revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> Has proven their worth. Have exceeded forecasted&nbsp;revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.&nbsp;","text":"$NVIDIA Corp(NVDA)$ Has proven their worth. Have exceeded forecasted revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/315658363629640","isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"content":"thinking of selling my stocks because of the drop. but then again the company is surely valuable. so might get hold of it","text":"thinking of selling my stocks because of the drop. but then again the company is surely valuable. so might get hold of it","html":"thinking of selling my stocks because of the drop. but then again the company is surely valuable. so might get hold of it"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320219574829136,"gmtCreate":1719207777984,"gmtModify":1719208141406,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"one of the reason why I'm putting my stocks on hold.&nbsp;","listText":"one of the reason why I'm putting my stocks on hold.&nbsp;","text":"one of the reason why I'm putting my stocks on hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320219574829136","repostId":"1145520264","repostType":2,"repost":{"id":"1145520264","kind":"news","pubTimestamp":1719186672,"share":"https://ttm.financial/m/news/1145520264?lang=&edition=fundamental","pubTime":"2024-06-24 07:51","market":"us","language":"en","title":"Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1145520264","media":"Bloomberg","summary":"Chipmaker’s revenue beats have made projections difficultRecent estimates have deviated from results by an average 12%Nvidia Corp. is the most expensive stock in the S&P 500 Index, with its shares trading for roughly 23 times the company’s projected sales over the next 12 months.But there’s a problem with that valuation. In the age of the artificial intelligence boom, no one can figure out what the chipmaker’s revenues are actually going to be — not the Wall Street analysts covering Nvidia or Nv","content":"<html><head></head><body><ul style=\"\"><li><p>Chipmaker’s revenue beats have made projections difficult</p></li><li><p>Recent estimates have deviated from results by an average 12%</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a45e66d8080a565d5179fb1967c750ad\" alt=\"\" title=\"\" tg-width=\"2000\" tg-height=\"1334\"/></p><p>Nvidia Corp. is the most expensive stock in the S&amp;P 500 Index, with its shares trading for roughly 23 times the company’s projected sales over the next 12 months.</p><p>But there’s a problem with that valuation. In the age of the artificial intelligence boom, no one can figure out what the chipmaker’s revenues are actually going to be — not the Wall Street analysts covering Nvidia or Nvidia executives themselves. So how are investors supposed to calculate whether the shares are expensive or not?</p><p>For more than a year now, a surge in demand for Nvidia’s chips sparked by the frenzy surrounding AI has made a mockery of Wall Street’s quarterly financial estimates. Analysts aren’t making up numbers, they take their cues from management like they do with every other company. However, even Nvidia’s leadership is struggling to anticipate how much money the chipmaker will generate three months into the future.</p><p>Since Nvidia’s sales began exploding in its fiscal quarter that ended in April 2023, revenue has exceeded the midpoint of the company’s own forecast by an average of 13%, more than twice the average over the past decade. When Nvidia reported results in August, sales topped its projection by 23%, the biggest beat since at least 2013, according to data compiled by Bloomberg.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7d12edf700b8e276cc7f63780e088db0\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>A representative for Nvidia declined to comment.</p><h3 id=\"id_1565044021\">Ballparking Sales</h3><p>Part of what makes modeling for Nvidia so difficult is that supply is the most uncertain variable when demand is booming, making the chipmaker unique, according to Brian Colello, an analyst at Morningstar, who last month raised his price target for the shares to $105 from $91. They’re currently trading at around $127.</p><p>Assuming steady improvement in Nvidia’s ability to increase supply, Colello said he adds up to $4 billion to Nvidia’s quarterly revenue to ballpark the upcoming quarter’s sales.</p><p>“I’m not the first analyst to be raising my price target or fair value or being surprised that revenues are far ahead of what we thought a year ago,” Colello said. “It’s been interesting and rewarding but certainly challenging.”</p><p>Colello isn’t the only one raising his price estimate. On Friday, Melius analyst Ben Reitzes raised his price target on Nvidia for the fifth time this year, to $160 from $125, implying a gain of 26% from Friday’s closing price.</p><p>Of course, there are plenty of traders buying Nvidia solely based on momentum. Nvidia has gained 156% this year and overtook Microsoft Corp. on Tuesday to briefly become the world’s most valuable company at $3.34 trillion. That rally helped drive a record $8.7 billion into tech funds last week through June 19, according to a Bank of America Corp.’s analysis of data from EPFR Global. Nvidia shares have since fallen 6.7%, erasing more than $200 billion in market value.</p><p>For investors inclined to stare at discounted cash flow models that have more variability than they have in the past, the gap between estimates and actual results has created a conundrum.</p><p>In the past five quarters, analyst estimates for Nvidia’s sales have deviated from actual results by an average of 12%, according to data compiled by Bloomberg. That’s the third-most among the S&amp;P 500 companies that have posted average quarterly revenue of at least $5 billion in the last five quarters and have at least 20 analysts covering them.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7cf38338f038c8f64e9ac1c6b9f60f27\" tg-width=\"642\" tg-height=\"634\"/></p><h3 id=\"id_330442960\">What Price?</h3><p>With Nvidia’s business booming and its biggest customers like Microsoft pledging to spend even more on computing hardware in coming quarters, the main question for investors is what’s a reasonable price to pay for a stock whose profit and sales growth is far superior to its megacap peers.</p><p>Based on current estimates, Nvidia is projected to deliver profit of $14.7 billion on sales of $28.4 billion in the current quarter, up 137% and 111%, respectively, from the same period a year ago. Meanwhile, Microsoft’s sales are expected to rise 15% with Apple projections sitting around 3%.</p><p>While Nvidia’s valuation multiples are rich, they look more reasonable given Nvidia’s growth, especially considering the estimates keep coming in low. To Michael O’Rourke, chief market strategist at Jonestrading, a bigger concern is that the degree to which Nvidia surpasses Wall Street’s growth expectations will soon start subsiding, just due to the company’s sheer size. That could make it harder to justify the shares’ price tag.</p><p>“That’s where the risk comes in,” O’Rourke said. “You’re paying a high price for a large market cap company where the beats have been trending lower and that’s likely to continue.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Sales Grow So Fast That Wall Street Can’t Keep Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-24 07:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-06-23/nvidia-sales-grow-so-fast-that-wall-street-can-t-keep-up?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chipmaker’s revenue beats have made projections difficultRecent estimates have deviated from results by an average 12%Nvidia Corp. is the most expensive stock in the S&P 500 Index, with its shares ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-06-23/nvidia-sales-grow-so-fast-that-wall-street-can-t-keep-up?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.bloomberg.com/news/articles/2024-06-23/nvidia-sales-grow-so-fast-that-wall-street-can-t-keep-up?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145520264","content_text":"Chipmaker’s revenue beats have made projections difficultRecent estimates have deviated from results by an average 12%Nvidia Corp. is the most expensive stock in the S&P 500 Index, with its shares trading for roughly 23 times the company’s projected sales over the next 12 months.But there’s a problem with that valuation. In the age of the artificial intelligence boom, no one can figure out what the chipmaker’s revenues are actually going to be — not the Wall Street analysts covering Nvidia or Nvidia executives themselves. So how are investors supposed to calculate whether the shares are expensive or not?For more than a year now, a surge in demand for Nvidia’s chips sparked by the frenzy surrounding AI has made a mockery of Wall Street’s quarterly financial estimates. Analysts aren’t making up numbers, they take their cues from management like they do with every other company. However, even Nvidia’s leadership is struggling to anticipate how much money the chipmaker will generate three months into the future.Since Nvidia’s sales began exploding in its fiscal quarter that ended in April 2023, revenue has exceeded the midpoint of the company’s own forecast by an average of 13%, more than twice the average over the past decade. When Nvidia reported results in August, sales topped its projection by 23%, the biggest beat since at least 2013, according to data compiled by Bloomberg.A representative for Nvidia declined to comment.Ballparking SalesPart of what makes modeling for Nvidia so difficult is that supply is the most uncertain variable when demand is booming, making the chipmaker unique, according to Brian Colello, an analyst at Morningstar, who last month raised his price target for the shares to $105 from $91. They’re currently trading at around $127.Assuming steady improvement in Nvidia’s ability to increase supply, Colello said he adds up to $4 billion to Nvidia’s quarterly revenue to ballpark the upcoming quarter’s sales.“I’m not the first analyst to be raising my price target or fair value or being surprised that revenues are far ahead of what we thought a year ago,” Colello said. “It’s been interesting and rewarding but certainly challenging.”Colello isn’t the only one raising his price estimate. On Friday, Melius analyst Ben Reitzes raised his price target on Nvidia for the fifth time this year, to $160 from $125, implying a gain of 26% from Friday’s closing price.Of course, there are plenty of traders buying Nvidia solely based on momentum. Nvidia has gained 156% this year and overtook Microsoft Corp. on Tuesday to briefly become the world’s most valuable company at $3.34 trillion. That rally helped drive a record $8.7 billion into tech funds last week through June 19, according to a Bank of America Corp.’s analysis of data from EPFR Global. Nvidia shares have since fallen 6.7%, erasing more than $200 billion in market value.For investors inclined to stare at discounted cash flow models that have more variability than they have in the past, the gap between estimates and actual results has created a conundrum.In the past five quarters, analyst estimates for Nvidia’s sales have deviated from actual results by an average of 12%, according to data compiled by Bloomberg. That’s the third-most among the S&P 500 companies that have posted average quarterly revenue of at least $5 billion in the last five quarters and have at least 20 analysts covering them.What Price?With Nvidia’s business booming and its biggest customers like Microsoft pledging to spend even more on computing hardware in coming quarters, the main question for investors is what’s a reasonable price to pay for a stock whose profit and sales growth is far superior to its megacap peers.Based on current estimates, Nvidia is projected to deliver profit of $14.7 billion on sales of $28.4 billion in the current quarter, up 137% and 111%, respectively, from the same period a year ago. Meanwhile, Microsoft’s sales are expected to rise 15% with Apple projections sitting around 3%.While Nvidia’s valuation multiples are rich, they look more reasonable given Nvidia’s growth, especially considering the estimates keep coming in low. To Michael O’Rourke, chief market strategist at Jonestrading, a bigger concern is that the degree to which Nvidia surpasses Wall Street’s growth expectations will soon start subsiding, just due to the company’s sheer size. That could make it harder to justify the shares’ price tag.“That’s where the risk comes in,” O’Rourke said. “You’re paying a high price for a large market cap company where the beats have been trending lower and that’s likely to continue.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314341886906584,"gmtCreate":1717775083353,"gmtModify":1717775731116,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more.&nbsp; Thinking of 9 addtl shares and stock price possible increase would double up the gain.&nbsp;","listText":"after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more.&nbsp; Thinking of 9 addtl shares and stock price possible increase would double up the gain.&nbsp;","text":"after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more. Thinking of 9 addtl shares and stock price possible increase would double up the gain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314341886906584","isVote":1,"tweetType":1,"viewCount":627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314336413499656,"gmtCreate":1717773750944,"gmtModify":1717774012768,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.&nbsp;","listText":"The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.&nbsp;","text":"The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314336413499656","repostId":"2441225657","repostType":2,"repost":{"id":"2441225657","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1717767398,"share":"https://ttm.financial/m/news/2441225657?lang=&edition=fundamental","pubTime":"2024-06-07 21:36","market":"us","language":"en","title":"Short Bets Against Nvidia Stand at $34 Billion, S3 Partners Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2441225657","media":"Reuters","summary":"June 6  - As Nvidia    threatens to dethrone Microsoft    as the world's most valuable company, at least a few investors are betting its soaring shares will return to earth.    Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple  and Tesla   , the next two biggest short bets combined, according to a report from S3 Partners on Thursday.   Short sellers have bet about $19 billion against Apple and $18 billion against Tesla, S3's data shows.   However, the short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data.   Insatiable demand for its high-end AI processors has sent Nvidia's stock soaring 143% in 2024.    On Wednesday, Nvidia's stock market value reached $1.012 trillion, eclipsing Apple to become the world's second most valuable company.    Nvidia's stock market value retreated almost 2% to $2.96 trillion on Thursday. Microsoft's market value stands at $3.15 trillion af","content":"<html><head></head><body><p>(Reuters) - As Nvidia threatens to dethrone Microsoft as the world&#39;s most valuable company, at least a few investors are betting its soaring shares will return to earth.</p><p>Nvidia shares slipped 2% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6642bb5c8fa3429ee2cdc64186effa1c\" tg-width=\"837\" tg-height=\"835\"/></p><p>Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple and Tesla , the next two biggest short bets combined, according to a report from S3 Partners on Thursday.</p><p>Short sellers have bet about $19 billion against Apple and $18 billion against Tesla, S3&#39;s data shows.</p><p>However, the short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data.</p><p>Insatiable demand for its high-end AI processors has sent Nvidia&#39;s stock soaring 143% in 2024.</p><p>On Wednesday, Nvidia&#39;s stock market value reached $1.012 trillion, eclipsing Apple to become the world&#39;s second most valuable company.</p><p>Nvidia&#39;s stock market value retreated almost 2% to $2.96 trillion on Thursday. Microsoft&#39;s market value stands at $3.15 trillion after the technology heavyweight&#39;s stock climbed 13% year to date.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short Bets Against Nvidia Stand at $34 Billion, S3 Partners Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShort Bets Against Nvidia Stand at $34 Billion, S3 Partners Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-06-07 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - As Nvidia threatens to dethrone Microsoft as the world&#39;s most valuable company, at least a few investors are betting its soaring shares will return to earth.</p><p>Nvidia shares slipped 2% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6642bb5c8fa3429ee2cdc64186effa1c\" tg-width=\"837\" tg-height=\"835\"/></p><p>Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple and Tesla , the next two biggest short bets combined, according to a report from S3 Partners on Thursday.</p><p>Short sellers have bet about $19 billion against Apple and $18 billion against Tesla, S3&#39;s data shows.</p><p>However, the short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data.</p><p>Insatiable demand for its high-end AI processors has sent Nvidia&#39;s stock soaring 143% in 2024.</p><p>On Wednesday, Nvidia&#39;s stock market value reached $1.012 trillion, eclipsing Apple to become the world&#39;s second most valuable company.</p><p>Nvidia&#39;s stock market value retreated almost 2% to $2.96 trillion on Thursday. Microsoft&#39;s market value stands at $3.15 trillion after the technology heavyweight&#39;s stock climbed 13% year to date.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2441225657","content_text":"(Reuters) - As Nvidia threatens to dethrone Microsoft as the world's most valuable company, at least a few investors are betting its soaring shares will return to earth.Nvidia shares slipped 2% in morning trading.Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple and Tesla , the next two biggest short bets combined, according to a report from S3 Partners on Thursday.Short sellers have bet about $19 billion against Apple and $18 billion against Tesla, S3's data shows.However, the short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data.Insatiable demand for its high-end AI processors has sent Nvidia's stock soaring 143% in 2024.On Wednesday, Nvidia's stock market value reached $1.012 trillion, eclipsing Apple to become the world's second most valuable company.Nvidia's stock market value retreated almost 2% to $2.96 trillion on Thursday. Microsoft's market value stands at $3.15 trillion after the technology heavyweight's stock climbed 13% year to date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326068102877352,"gmtCreate":1720630638264,"gmtModify":1720630653791,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a> holding this stock&nbsp;gave me continuous daily profit. Thank you.","listText":"<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$</a> holding this stock&nbsp;gave me continuous daily profit. Thank you.","text":"$Bank of America(BAC)$ holding this stock gave me continuous daily profit. Thank you.","images":[{"img":"https://community-static.tradeup.com/news/1cecbca82d59a2b41d5a2062e1cca10f","width":"981","height":"1577"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/326068102877352","isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":325919937081376,"gmtCreate":1720594504525,"gmtModify":1720594515592,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"🥂","listText":"🥂","text":"🥂","images":[{"img":"https://community-static.tradeup.com/news/a34ade611f143859de7ffb7676abd040","width":"981","height":"1577"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325919937081376","isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":321341881708648,"gmtCreate":1719481253799,"gmtModify":1719481257339,"author":{"id":"4168943754745552","authorId":"4168943754745552","name":"HoneyG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4168943754745552","idStr":"4168943754745552"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321341881708648","repostId":"1137674291","repostType":2,"repost":{"id":"1137674291","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1719475346,"share":"https://ttm.financial/m/news/1137674291?lang=&edition=fundamental","pubTime":"2024-06-27 16:02","market":"us","language":"en","title":"Nvidia Stock Drops 2% As Shareholder Meeting Fails to Soothe Skittish Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1137674291","media":"Tiger Newspress","summary":"Nvidia briefly dethroned Microsoft to become the world's most valuable company just last week when it hit a valuation of $3.34 trillion.But since then, it's dropped by around $500 billion. Now, invest","content":"<html><head></head><body><p>Nvidia briefly dethroned Microsoft to become the world&#39;s most valuable company just last week when it hit a valuation of $3.34 trillion.</p><p style=\"text-align: left;\">But since then, it&#39;s dropped by around $500 billion. Now, investors are left wondering if the chip-making giant — whose shares have, until now, been on a dizzy upward trajectory thanks to its dominance of the AI semiconductor market — has peaked.</p><p>The annual shareholder meeting on Wednesday didn&#39;t ease their concerns.</p><p>Nvidia CEO Jensen Huang didn&#39;t say anything to sound off alarms during the meeting. But he also didn&#39;t say anything particularly reassuring about how it will fend off competitors and maintain its position at the top — or anything game-changing that hadn&#39;t already been touched on at the GTC conference in March.</p><p>CEOs like Sam Altman and Elon Musk still view the graphics processing unit chips as a key component of the generative AI boom. However, other tech giants have started to develop their own alternatives.</p><p>Nvidia shares dropped 1.8% in premarket trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ecc5b031ec84d34e7e8f346fddd1d5b0\" tg-width=\"867\" tg-height=\"626\"/></p><p style=\"text-align: left;\">It&#39;s worth noting that even if companies do come out with their own versions, it could take a while before they become fully reliable. Still, Google said it&#39;s making its own Arm-based CPU processor, Axion, in April, and Microsoft is also attempting to create its own AI chips.</p><p style=\"text-align: left;\">Huang also failed to mention during the meeting when exactly the company&#39;s next-generation AI chip, Blackwell will become available, although he said it would be &#34;the most successful product&#34; in Nvidia&#39;s history. He unveiled the chip at the GTC conference but hasn&#39;t provided information on its price or availability since. The chip is supposed to operate at least two times faster than its predecessor, the H100.</p><p style=\"text-align: left;\">Huang talked positively about the prospects for Nvidia, saying that the company has created a path forward for the future of computing, which took about two decades to reach. Nvidia serves over five million developers and 40,000 companies, including thousands of AI companies.</p><p>&#34;Nvidia accelerated computing, has reached a tipping point and achieved a virtuous cycle,&#34; Huang said.</p><p style=\"text-align: left;\">That wasn&#39;t enough for shareholders, however. The stock stayed down more than 2%.</p><p style=\"text-align: left;\">Nvidia is still one of the world&#39;s biggest companies, but time will tell if it can maintain its position as the main provider of computing chips — and if its massive market cap is sustainable.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Drops 2% As Shareholder Meeting Fails to Soothe Skittish Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Drops 2% As Shareholder Meeting Fails to Soothe Skittish Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-27 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia briefly dethroned Microsoft to become the world&#39;s most valuable company just last week when it hit a valuation of $3.34 trillion.</p><p style=\"text-align: left;\">But since then, it&#39;s dropped by around $500 billion. Now, investors are left wondering if the chip-making giant — whose shares have, until now, been on a dizzy upward trajectory thanks to its dominance of the AI semiconductor market — has peaked.</p><p>The annual shareholder meeting on Wednesday didn&#39;t ease their concerns.</p><p>Nvidia CEO Jensen Huang didn&#39;t say anything to sound off alarms during the meeting. But he also didn&#39;t say anything particularly reassuring about how it will fend off competitors and maintain its position at the top — or anything game-changing that hadn&#39;t already been touched on at the GTC conference in March.</p><p>CEOs like Sam Altman and Elon Musk still view the graphics processing unit chips as a key component of the generative AI boom. However, other tech giants have started to develop their own alternatives.</p><p>Nvidia shares dropped 1.8% in premarket trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ecc5b031ec84d34e7e8f346fddd1d5b0\" tg-width=\"867\" tg-height=\"626\"/></p><p style=\"text-align: left;\">It&#39;s worth noting that even if companies do come out with their own versions, it could take a while before they become fully reliable. Still, Google said it&#39;s making its own Arm-based CPU processor, Axion, in April, and Microsoft is also attempting to create its own AI chips.</p><p style=\"text-align: left;\">Huang also failed to mention during the meeting when exactly the company&#39;s next-generation AI chip, Blackwell will become available, although he said it would be &#34;the most successful product&#34; in Nvidia&#39;s history. He unveiled the chip at the GTC conference but hasn&#39;t provided information on its price or availability since. The chip is supposed to operate at least two times faster than its predecessor, the H100.</p><p style=\"text-align: left;\">Huang talked positively about the prospects for Nvidia, saying that the company has created a path forward for the future of computing, which took about two decades to reach. Nvidia serves over five million developers and 40,000 companies, including thousands of AI companies.</p><p>&#34;Nvidia accelerated computing, has reached a tipping point and achieved a virtuous cycle,&#34; Huang said.</p><p style=\"text-align: left;\">That wasn&#39;t enough for shareholders, however. The stock stayed down more than 2%.</p><p style=\"text-align: left;\">Nvidia is still one of the world&#39;s biggest companies, but time will tell if it can maintain its position as the main provider of computing chips — and if its massive market cap is sustainable.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137674291","content_text":"Nvidia briefly dethroned Microsoft to become the world's most valuable company just last week when it hit a valuation of $3.34 trillion.But since then, it's dropped by around $500 billion. Now, investors are left wondering if the chip-making giant — whose shares have, until now, been on a dizzy upward trajectory thanks to its dominance of the AI semiconductor market — has peaked.The annual shareholder meeting on Wednesday didn't ease their concerns.Nvidia CEO Jensen Huang didn't say anything to sound off alarms during the meeting. But he also didn't say anything particularly reassuring about how it will fend off competitors and maintain its position at the top — or anything game-changing that hadn't already been touched on at the GTC conference in March.CEOs like Sam Altman and Elon Musk still view the graphics processing unit chips as a key component of the generative AI boom. However, other tech giants have started to develop their own alternatives.Nvidia shares dropped 1.8% in premarket trading Thursday.It's worth noting that even if companies do come out with their own versions, it could take a while before they become fully reliable. Still, Google said it's making its own Arm-based CPU processor, Axion, in April, and Microsoft is also attempting to create its own AI chips.Huang also failed to mention during the meeting when exactly the company's next-generation AI chip, Blackwell will become available, although he said it would be \"the most successful product\" in Nvidia's history. He unveiled the chip at the GTC conference but hasn't provided information on its price or availability since. The chip is supposed to operate at least two times faster than its predecessor, the H100.Huang talked positively about the prospects for Nvidia, saying that the company has created a path forward for the future of computing, which took about two decades to reach. Nvidia serves over five million developers and 40,000 companies, including thousands of AI companies.\"Nvidia accelerated computing, has reached a tipping point and achieved a virtuous cycle,\" Huang said.That wasn't enough for shareholders, however. The stock stayed down more than 2%.Nvidia is still one of the world's biggest companies, but time will tell if it can maintain its position as the main provider of computing chips — and if its massive market cap is sustainable.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}