With its dominance in artificial intelligence (AI) chips, NVIDI became the first company to cross the TR 4 trillion in market capitalization last month. Its market value is now about $ 1 trillion from Japan’s Nikki 225 index, which is the world’s second largest stock market after the United States. The company accounts for 9.94% of the MSCI All Country World Index, which matches Japan’s 9.97% shares.
Analysts also boom even more
According to Bloomberg, Cantor Fitzgirld did its NVIDI target $ 240 on August 18, and wrote that “China is already at risk of the street models in Delo, and the goal here is to make China on the NVDA’s platform.” Other brokerage, including Wedbsh, Keybank, UBS, Morgan Stanley and Suskenna, has also raised their goals this month. Bloomberg data showed that about 90% of analysts covering NVIDAAAA rated it by-face.
The CNBC reported that the UBS, for its part, repeated its by -rating last week and increased its price target from 175D to 205D to 205, noted that it is increasing the stock before earning, CNBC reported.
AI Belwather
This year, NVIDIA shares have increased by more than 30%, which has been more than 1,400% since October 2022. Its weight in the S&P500 index is now close to 8%, cementing its position as a bellwather for both the technology sector and the broader US market. About 40% of its income comes from micros, alphabet, meta and Amazon, all of them are the largest components of the index.
The stock rose 1.7% on the 22 August Gust, stripped a three -day defeat, and earlier this month’s record SET set up 3% of the set set. But expectations are running high, analysts are careful that the general missed on results can spark the celloffs that are back in the markets.
Concentrated income
NVIDI reported the results of the financial second quarter on the 27 August Gust, the U.S. Close the earnings season that has generally exceeded the forecast. According to Bloomberg and LSEG data, Wall L Street is expected to earn $ 1.01 per share, which is 48% higher than a year ago, according to Bloomberg and LSEG data.
The report has come at a fragile moment for markets. Federal reserve chairs Jerome Powell’s signal or equity rates are being brought last week after weakness pull, but investors now confirm that AI can sustain the cost rally. Any comment of NVIDI on demand or capital costs, especially in relation to China, will be closely analyzed.
As the most valuable chipmaker in the world, Nvidia’s view can determine whether the latest market bears an increase, or the sky-high expectations eventually catch the favorite stock of Wall Street.
Also read | Jenson Huang is rich by the second Billion 28 billion this year, between Nvidia’s TR 4 trillion feat
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