(New: closing course, state participation in China talks, bank-of-America goal, some formulations adapted)
New York (dpa -AFX) – The quarterly report from Nvidia was not enough for a record high on Thursday. After the shares had started the trade in a friendly manner, investors pulled the ripcord under the previous record of $ 184.48. They took profits at an early stage and this was temporarily pressing the stock into the minus at almost three percent. In the end, the discount was still 0.8 percent.
Nvidia continues to grow rapidly and this despite the fallow China business. An outlook that was unable to satisfy the demanding investors was caught by Vager hope that the Chipriese could soon do more business there. Because, according to a media report, the group talks to the US government about the possibility of selling high-performance chips from the “Blackwell” series to China and involved in their own state in the proceeds.
Just two weeks ago, Nvidia had risen to a record high, which has now become too high. Investors are likely to be able to get a moderate price minus, because the papers had already more than doubled since the first customs shock in early April. The status acquired as the most valuable listed company in the world is also not in danger.
The tension was recently great because of the importance of Nvidia for the megatrend of artificial intelligence (AI). In the AI boom, however, the group would like to do dozens of billions more business in China, because after US exporters and headwind from Beijing, the group is currently selling nothing. Regardless of this, the quarterly turnover from NVIDIA jumped up by 56 percent to almost $ 47 billion.
The pattern of exaggerated expectations and higher goals remain with the AI group, wrote Harlan Sur from JPMorgan in his response to the numbers. Nvidia continues to secure a lion’s share of investments in this area. The price targets were screwed up by many experts, whereby Bank of America is most optimistic at $ 235./Ajx/bek/stk/ih/he
By the way: Nvidia and other US shares are even tradable at Finance.net Zero until 11 p.m. (without order fees, plus spreads). Open Depot now for free And secure new customer bonus!
Selected leverage products on Nvidia
With knock-outs, speculative investors can participate disproportionately in price movements. Simply choose the desired lever and we will show you suitable open-end products on Nvidia
The lever must be between 2 and 20
Advertising