Analysts expect solid earnings and guidance from NVIDIA (NVDA)

NVIDIA (NVDA) option implied volatility near low end of range

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 19; compared to its 52-week range of 18 to 36 into the expected release of quarter results after the bell on May 24.

NVIDIA (NVDA) Announces GeForce RTX 4060 Family Is Here

NVIDIA today announced the GeForce RTX 4060 family of GPUs, with two graphics cards that deliver all the advancements of the NVIDIA® Ada Lovelace architecture including DLSS 3 neural rendering and third-generation ray-tracing technologies at high frame rates starting at just $299.

The GeForce RTX 4060 Ti and GeForce RTX 4060 deliver unparalleled performance at fantastic value bringing for the first time to the companys popular 60-class twice the horsepower of the latest gaming consoles, including ray tracing for premium image quality on top... More

NVIDIA (NVDA) PT Raised to $350 at Susquehanna on AI Arms Race

Susquehanna analyst Christopher Rolland raised the price target on NVIDIA (NASDAQ: NVDA) to $350.00 (from $310.00) while maintaining a Positive rating as AI Arms Race Should Drive Constructive DC Outlook

The analyst commented, "NVIDIA will report after the close on Wednesday, May 24. Overall, we expect better results/guidance, driven largely by the ongoing AI gold rush and subsequent DC GPU demand. Microsoft continues to invest in OpenAI and ChatGPT and even called out NVIDIA as a partner on their latest earnings call. Noteworthy, Azure OpenAI customers are up 10x QOQ, and Microsoft is increasing capex... More

NVIDIA (NVDA) PT Raised to $350 at Oppenheimer; "We see upside to print and outlook"

Oppenheimer analyst Rick Schafer raised the price target on NVIDIA (NASDAQ: NVDA) to $350.00 (from $300.00) while maintaining an Outperform rating.

"We see upside to print and outlook. DC expected up through the year as cloud vendors scale out AI infrastructure. ChatGPT has... More

NVIDIA (NVDA) mentioned positively

NVIDIA (NASDAQ: NVDA) mentioned positively at a research boutique noting FY24 Datacenter GPU Forecasts taking another step higher on GenAI demand, while gaming feedback is modestly better.

China's BYD launches autonomous driving division and extensive recruitment drive

BYD Co, the largest electric vehicle manufacturer in China, is well aware of its lag behind competitors in autonomous driving technology. In order to address this weakness, the company has established a new division and launched an extensive recruitment campaign.

During an investor forum this month, Senior Vice President Stella Li revealed that BYD Co has successfully recruited approximately 4,000 to 5,000 software engineers. In a transcript verified by the company, she stated, "Although we are currently not leading the pack, we are committed to delivering a... More

NVIDIA (NVDA) option implied volatility as shares trend higher

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 48; compared to its 52-week range of 41 to 81 as shares trend higher.