NVIDIA stock (NVDA) Since the company on August 27th. Announced a quarter revenue, lost more than 7%, although the shares have increased by 25%to date.
The manufacturer of artificial intelligence chips was a huge recipient of the generative AI boom after the Chatgpt’s performance. Her shares in 2024. Increased by 171%, making it one of the best performers of the year.
During the first half of the year, NVIDIA has faced many challenges, including tariff tension, in the US, tightening of advanced chips export restrictions and wider market uncertainty about technology assessments.
Some of these pressures have been easier. August NVIDIA has entered into an agreement with the US government to renew sales in China for a 15% sales tax. The compromise allowed Nvidia to unlock the main source of demand.
However, now a new threat has emerged, and one analyst has reduced its goal.
NVIDIA remains a leading AI race player, as her income is still growing rapidly, and CEO Jensen Huang highlights the high demand for Blackwell several times, NVIDIA Main Graphics Processing (GPU) architecture, which Tech Hypercalers releases billions.
“Blackwell Ultra production is increasing at full speed, and demand is extraordinary,” Huang said in a press release on August 27. “Ai races are taking place and Blackwell is a platform at its center.”
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However, the revenue of the Q2 Data Center missed the second straight quarter ratings that dragged the latest stock results.
NVIDIA Q2 earnings $ 1.05 per share and Wall Street estimates were $ 1.01. Income increased by 56% to $ 46.74 billion, higher than analysts’ forecast for $ 46.06 billion.
Citi analyst ATIf Malik has reduced his goal of NVIDIA to $ 210 from $ 210, keeping a purchase rating, according to Monday’s certificate.
Malik said (Avgo) who recently reported strong quarterly results and revealed a $ 10 billion order for his XPUS-BENDROVE new generation of custom accepts.
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“Although the GPU will continue to dominate the AI ​​calculation market with 85%+ sales, we believe the XPU market accelerates by 2026 a year,” Malik wrote. It designs the XPU segment, increasing by 53% by 2026, reviewing the 34% growth, which is expected by AI GPU, which is mainly driven by Google, Meta and Amazon.