NVIDIA Corp
NVDA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$582.00 | Mkv | Xqwdgmmdh |
Nvidia Earnings: Maintaining $105 Fair Value as We See No Signs of an AI Slowdown
Wide-moat Nvidia continues to fire on all cylinders as the firm reported fiscal second-quarter results and a third-quarter forecast that were ahead of our prior expectations and FactSet consensus estimates. Our confidence in Nvidia remains, as the company is still prospering from insatiable demand for graphics processors, or GPU, and related products used in data centers to run artificial intelligence. However, Nvidia’s earnings beat wasn’t as eye-popping as in quarters past, which may explain why shares fell after hours.