Goldman Sachs expects a new round of positive earnings revaluation for NVIDIA (NVDA.US), supporting its stock price to continue to rise.

Goldman Sachs released a report, indicating that they had a team meeting with Colette Kress, the CFO of Nvidia (NVDA.US), to discuss topics including the development of generative AI models, future capital expenditure plans, etc. Goldman Sachs confirmed their opinion that the generative AI expenditure cycle will continue, and Nvidia will maintain its leading position through rapid innovation, reiterating their "buy" rating (listed on the "conviction buy" list for US stocks) with a target price of 135 USD in the next 12 months. In the short term, Goldman Sachs estimates that Nvidia's primary cloud solution provider customers will increase capital expenditure in the next two years, and Nvidia will benefit from this trend.

AASTOCKSJul 16 14:24

Chip stocks fall back, style rotation continues, how will the US stock market perform in the future?

Goldman Sachs pointed out that the US stock market correction has just begun, and it is not a good time to buy low now.

wallstreetcn55minutes ago

Nvidia's Blackwell is about to be shipped! However, the server segment is facing bottlenecks, all due to this one component?

ODM manufacturers of servers expect that the mass production of Nvidia's Blackwell series chips will increase customers' willingness to adopt liquid cooling.

科創板日報Jul 17 15:02

A trader made a profit of $6.5 million in one day by 'precisely short selling' Nvidia, and then allegedly locked in the profit.

Nvidia fell into a technical correction area in just one day. Earlier on Tuesday, 0.06 million put spread options contracts were bought at $119/$115, with a total cost of approximately $1.23 million. On Wednesday morning, about 58,000 of the same CFDs were exchanged at once, with a price of approximately $7.83 million. Market participants said the trading seemed to be closing out. If it was the same trader, the total profit would have exceeded $6.5 million.

wallstreetcn06:59

Nasdaq falls sharply while Dow Jones hits new high, Bank of America: breadth of US stocks rising, bullish signals!

Bank of America pointed out that the breadth of the US stock market's rise is improving, which is a positive signal.

Zhitong Finance08:12

Express News | Most of the night trading semiconductor stocks in the US rose, with Taiwan Semiconductor up over 2%, and Nvidia, AMD, and Intel up over 1%, while ASML Holding and Broadcom rose nearly 1%.

Breakings08:06