Investors have been eagerly awaiting Nvidia's third-quarter earnings report, with early reports indicating that the upcoming Blackwell chip series will be the most powerful GPU Nvidia has ever produced. Blackwell could generate $10 billion in revenue by the end of the year, but analysts believe investors should be concerned about Nvidia's partnership with Super Micro.
Over the past two years, Wall Street analysts and investors following Nvidia (NASDAQ: NVDA) have closely followed the growth trends in computing and networking businesses. Particularly, the performance of Nvidia's AI data center services and Graphics Processing Units (GPUs).
IT infrastructure company Super Micro Computer is one of Nvidia's close partners. Super Micro specializes in providing storage cluster architectures for accommodating GPUs manufactured by Nvidia. In the past few months, Super Micro has been plagued by unfavorable news such as financial audit issues and delayed submission of annual financial reports, adding variables to Super Micro's cooperation with Nvidia.
Nvidia is transferring part of its supply chain from Supermicro to other IT infrastructure companies. This transition may impact Nvidia's financial benchmark indicators related to Blackwell in any way.
NVIDIA's stock price has risen sharply in the past few years, showing considerable resilience even after experiencing some brief dumping. Although the significant returns of NVIDIA in recent years undoubtedly make the stock attractive, investors should remember that competition in the GPU market is intensifying. While this may not cause significant damage to NVIDIA, chips produced by other suppliers may weaken the company's future growth.
Analysts believe that betting before Nvidia releases its earnings report carries risks, not only for short-term investors. And it's always the old saying, 'Past performance is not indicative of future results'.
Should I buy NVIDIA (NVDA) before Thanksgiving? Analysts say so. Originally appeared on ChainNews ABMedia.
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Should I buy NVIDIA (NVDA) before Thanksgiving? Analysts say so.
Investors have been eagerly awaiting Nvidia's third-quarter earnings report, with early reports indicating that the upcoming Blackwell chip series will be the most powerful GPU Nvidia has ever produced. Blackwell could generate $10 billion in revenue by the end of the year, but analysts believe investors should be concerned about Nvidia's partnership with Super Micro.
Over the past two years, Wall Street analysts and investors following Nvidia (NASDAQ: NVDA) have closely followed the growth trends in computing and networking businesses. Particularly, the performance of Nvidia's AI data center services and Graphics Processing Units (GPUs).
IT infrastructure company Super Micro Computer is one of Nvidia's close partners. Super Micro specializes in providing storage cluster architectures for accommodating GPUs manufactured by Nvidia. In the past few months, Super Micro has been plagued by unfavorable news such as financial audit issues and delayed submission of annual financial reports, adding variables to Super Micro's cooperation with Nvidia.
Nvidia is transferring part of its supply chain from Supermicro to other IT infrastructure companies. This transition may impact Nvidia's financial benchmark indicators related to Blackwell in any way.
NVIDIA's stock price has risen sharply in the past few years, showing considerable resilience even after experiencing some brief dumping. Although the significant returns of NVIDIA in recent years undoubtedly make the stock attractive, investors should remember that competition in the GPU market is intensifying. While this may not cause significant damage to NVIDIA, chips produced by other suppliers may weaken the company's future growth.
Analysts believe that betting before Nvidia releases its earnings report carries risks, not only for short-term investors. And it's always the old saying, 'Past performance is not indicative of future results'.
Should I buy NVIDIA (NVDA) before Thanksgiving? Analysts say so. Originally appeared on ChainNews ABMedia.