Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

by admin March 23, 2025
March 23, 2025
Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications.

The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and 22% below the January all-time high.

As part of the event, CEO Jensen Huang took questions from analysts on topics ranging from demand for its advanced Blackwell chips to the impact of Trump administration tariffs. Here’s a breakdown of how Huang responded — and what analysts homed in on — during some of the most important questions:

Huang said he “underrepresented” demand in a slide that showed 3.6 million in estimated Blackwell shipments to the top four cloud service providers this year. While Huang acknowledged speculation regarding shrinking demand, he said the amount of computation needed for AI has “exploded” and that the four biggest cloud service clients remain “fully invested.”

Morgan Stanley analyst Joseph Moore noted that Huang’s commentary on Blackwell demand in data centers was the first-ever such disclosure.

“It was clear that the reason the company made the decision to give that data was to refocus the narrative on the strength of the demand profile, as they continue to field questions related to Open AI related spending shifting from 1 of the 4 to another of the 4, or the pressure of ASICs, which come from these 4 customers,” Moore wrote to clients, referring to application-specific integrated circuits.

Piper Sandler analyst Harsh Kumar said the slide was “only scratching the surface” on demand. Beyond the four largest customers, he said others are also likely “all in line looking to get their hands on as much compute as their budgets allow.”

Another takeaway for Moore was the growth in physical AI, which refers to the use of the technology to power machines’ actions in the real world as opposed to within software.

At previous GTCs, Moore said physical AI “felt a little bit like speculative fiction.” But this year, “we are now hearing developers wrestling with tangible problems in the physical realm.”

Truist analyst William Stein, meanwhile, described physical AI as something that’s “starting to materialize.” The next wave for physical AI centers around robotics, he said, and presents a potential $50 trillion market for Nvidia.

Stein highliughted Jensen’s demonstration of Isaac GR00T N1, a customizable foundation model for humanoid robots.

Several analysts highlighted Huang’s explanation of what tariffs mean for Nvidia’s business.

“Management noted they have been preparing for such scenarios and are beginning to manufacture more onshore,” D.A. Davidson analyst Gil Luria said. “It was mentioned that Nvidia is already utilizing [Taiwan Semiconductor’s’] Arizona fab where it is manufacturing production silicon.”

Bernstein analyst Stacy Rasgon said Huang’s answer made it seem like Nvidia’s push to relocate some manufacturing to the U.S. would limit the effect of higher tariffs.

Rasgon also noted that Huang brushed off concerns of a recession hurting customer spending. Huang argued that companies would first cut spending in the areas of their business that aren’t growing, Rasgon said.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Two Ways to Use the Zweig Breadth Thrust – Plus an Added Twist
next post
Lasers, space radars, missile interceptors: Defense leaders lay out vision for Trump’s ‘Golden Dome’ project

Related Posts

UPS is ‘disposing of’ U.S.-bound packages over customs...

October 13, 2025

Key fed inflation gauge cools to its slowest...

June 29, 2024

Even at $8M per Super Bowl commercial, ad...

February 9, 2025

The great wealth transfer has started — but...

May 9, 2024

What the Ticketmaster-Live Nation lawsuit could mean for...

May 25, 2024

Buffett denies rumors after Trump shares wild claim...

April 6, 2025

Adidas to cut up to 500 jobs after...

January 27, 2025

Starbucks is reeling as customers go elsewhere, sales...

August 1, 2024

Vanguard fined more than $100 million by SEC...

January 18, 2025

Southwest Airlines pauses corporate hiring, most summer internships...

January 15, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Charlie Kirk assassination sparks Senate hearing on ‘left-wing political violence,’ Schmitt vows action

      October 22, 2025
    • Fetterman calls out Dems’ flip: ‘We ran on killing the filibuster, and now we love it’

      October 22, 2025
    • Dem senator says Melania Trump is America’s ‘secret weapon’ against Putin’s ‘war criminality’

      October 22, 2025
    • Hillary Clinton fires up voters against Trump’s White House ballroom construction: ‘Not his house’

      October 22, 2025
    • Schumer requests meeting with Trump ‘any time, any place’ as Democrat stalemate drags on

      October 22, 2025

    Categories

    • Business (1,121)
    • Investing (3,307)
    • Politics (4,032)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved