Semiconductor Stocks
Nvidia Q1 Earnings Prep: What to Look For
If we set aside the AI thesis for a moment, you can see below why Nvidia has rallied as the revenue is expected to rebound from (-21.4%) on for the upcoming quarter to as much as +32% growth by fiscal Q3 ending in September. The popularity of the H100 could lead to a beat somewhere across these next few quarters. In addition, the RTX40 Series lower-end model will be released today for $299 and up, and this may further help the gaming revenue for Q2 and beyond. Nvidia is unique in that the healthy growth is expected to continue into the foreseeable future -- long after the company laps the quarters of the crazy gaming miss. What we don’t want is to invest in companies propped up temporarily by low comps. This is not the case with Nvidia.
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