NVDA

NVIDIA Corp

TMT


Presented:06/19/2018
Price:$260.17
Cap:$163.13B
Current Price:$131.60
Cap:$3,228.15B

Presented

Date06/19/2018
Price$260.17
Market Cap$163.13B
Ent Value$136.61B
P/E Ratio43.29x
Book Value$12.71
Div Yield0.23%
Shares O/S627.00M
Ave Daily Vol13,508,266
Short IntN/A

Current

Price$131.60
Market Cap$3,228.15B
NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The and Tegra Processor segment integrates an entire computer onto a single chip, and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The company was founded by Jen-Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in January 1993 and is headquartered in Santa Clara, CA.

Publicly traded companies mentioned herein: Advanced Micro Devices Inc (AMD), Nvidia Inc (NVDA)

Highlights

The presenter is short shares of Nvidia (NVDA), expecting revenue weakness relative to Street expectations. Cryptocurrency mining, which he views as a one-time impact, has benefitted NVDA’s gaming segment results and should fade over the course of 2018. While he sees continued strength from core gaming and datacenter segments, multiples and growth expectations have been “inflated” over the past year to unrealistic levels. The presenter thinks NVDA shares can trade down to $160 as expectations normalize to pre-cryptocurrency demand-driven levels.

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Idea Discussion

Commentor 1 - 2 weeks ago

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