Here Is Why Nvidia Is A Buy Ahead Of Earnings

Summary:

  • Nvidia Corporation’s momentum supports a $143 target price, fueled by strong AI demand and positive indicators.
  • Q1 2025 revenue reached $26 billion, driven by 427% YoY growth in data center revenue.
  • Nvidia’s upcoming Q2 earnings are expected to reflect strong AI chip demand, solidifying its continued growth trajectory.
  • Amazon, Microsoft, and Google contribute 40%+ of Nvidia’s revenue, relying heavily on its GPUs.
  • Nvidia holds 80% of the AI chip market, dominating with its GPUs and CUDA platform.

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Investment Thesis

Previously skeptical due to Nvidia Corporation’s (NASDAQ:NVDA) high valuation, I changed my thesis to bullish about a year ago. Since then, Nvidia has taken off to the races with a $3 trillion market cap. In less than


Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, AMD, INTC, GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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