周三，英伟达股价上涨，但其在2023年和今年初的惊人涨幅已暂时搁置。该芯片制造商正准备发布第一季度的财报，为了恢复其涨势，必须满足更高的预期。Source: Golden Ten Data
Nvidia made a strong rise on Wednesday, but to maintain this rise, the chip giant must surpass market expectations in the upcoming first-quarter earnings report.
Although Wall Street generally predicts$NVIDIA (NVDA.US)$First-quarter revenue was $24.51 billion, but Nvidia may need to exceed this forecast if the stock price is to rise significantly.
On Wednesday, Nvidia shares rose, but its impressive gains in 2023 and early this year have been put on hold for the time being. The chipmaker is preparing to release its first-quarter earnings report and must meet higher expectations in order to resume its gains.
On Wednesday, Nvidia's stock price closed up 3.6%. As the latest CPI showed that the price increase in April was slower than at the beginning of the year, the overall market also rose.
Since late March, Nvidia's stock price has fluctuated between $850 and $950. Simply meeting expectations may cause the stock price to fall. This is with other chip companies such as$Advanced Micro Devices (AMD.US)$und$Arm Holdings (ARM.US)$The situation is similar after the recent report.
Wall Street generally expects Nvidia's revenue to reach $24.51 billion. But to avoid disappointing investors, KeyBanc analyst John Vinh said the chipmaker might need to report around $26 billion in revenue and give guidance of around $28.5 billion for the second quarter.
Vinh wrote in a research note on Tuesday: “Although the next generation of Blackwell GPUs is expected to be launched in the second half of the year, we are seeing limited signs of suspended demand, and Nvidia is expected to report significantly higher than expected first-quarter results and second-quarter guidance.” Vinh maintained an increase rating on Nvidia shares and set a target price of $1,200.
Among other chipmakers, AMD closed up 4.25%, while$Intel (INTC.US)$It closed up 0.71%. By Wednesday's close, Nvidia's stock price had risen 91% so far this year. In contrast, simultaneous$S&P 500 Index (.SPX.US)$und$Nasdaq Composite Index (.IXIC.US)$Both are up about 11%.
The rise in stock prices means a significant increase in Nvidia CEO Wong In-hoon's salary. According to a document released Tuesday afternoon, his total compensation for FY2024 was US$34.2 million, up from US$21.4 million in FY2023. His total annual stock award was $26.7 million, up from $19.7 million the previous year.
Despite this, Hwang In-hoon's salary is still significantly lower than$Apple (AAPL.US)$CEO Tim Cook's $62.3 million and$Microsoft (MSFT.US)$CEO Satya Nadella's $48.5 million. These two companies are the only ones whose market capitalization is higher than Nvidia.
Editor/jayden
