In the latest episode of “Asking for a Trend,” Julie Hyman and Josh Lipton discuss Nvidia’s first-quarter earnings beat and its impact on the semiconductor industry. Despite strong results, D.A. Davidson Managing Director Gil Luria warns investors to avoid Nvidia stock due to potential competition threats. Public Ventures President Lou Basenese shares insights on factors affecting Nvidia’s growth trajectory. Nvidia’s revenue soared, beating expectations, with plans for a stock split and increased dividend. Analysts predict continued growth driven by high demand for AI computing. Jared Blikre provides detailed analysis on Nvidia’s performance and its effects on the market. Lou Bassinets expects growth but remains cautious due to potential future challenges. Apple is noted as a sleeper AI play. Nvidia’s revenue share is heavily driven by data center revenue. Sequential changes in segments show varying performance, with gaming down and auto up. The company’s future revenue outlook is positive despite upcoming product launches. ELF Beauty and Snowflake also report mixed results. DuPont shares rise after announcing plans to split into three companies. The earnings report highlights Nvidia’s dominant position in the semiconductor industry and its future growth prospects.
Article Source
https://finance.yahoo.com/video/nvidia-effect-markets-asking-trend-215430409.html
