NVIDIA Stock Soars as Chip Sector Gains Continue

cageymaru

cageymaru

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NVIDIA has seen its stock reach all time highs as it surged 3% to $289.36 at the close of trading today. The stock was able to eclipse the $292.06 mark briefly during the day. This means that NVIDIA stock is up 50% for the year. Analysts don't believe that AMD will launch a new graphics card in 2018 to challenge NVIDIA and gamers will flock to Turing for real-time ray tracing. NVIDIA will remain unchallenged in the datacenter for the foreseeable future.

For their part, shares of AMD closed up 1.7% at $31.42, below their 12-year closing high of $32.72. AMD currently ranks as the best performing stock on the S&P 500 for the year with a 206% gain.
 
The downside is that Nvidia sees this as a sign they're doing absolutely nothing wrong with the way they're running things. Price gouging, GPP, NDA's, iron fist policies.

With no competition from AMD, people snatching up every overpriced product Nvidia allows them to buy and now their stocks rising, I don't see anything changing anytime soon. $1200 GPU's will be the "new normal"
 
MacLeod said:
The downside is that Nvidia sees this as a sign they're doing absolutely nothing wrong with the way they're running things. Price gouging, GPP, NDA's, iron fist policies.

With no competition from AMD, people snatching up every overpriced product Nvidia allows them to buy and now their stocks rising, I don't see anything changing anytime soon. $1200 GPU's will be the "new normal"
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I bet there is a Titan coming at some point.
 
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cageymaru said:
Analysts don't believe that AMD will launch a new graphics card in 2018 to challenge NVIDIA and gamers will flock to Turing for real-time ray tracing.
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This is the type of attitude that caused the tech bubble of 2000. Instead of investing on solid data, they are investing on a prediction that may or may not come true, and have bought into the marketing hype of the company. For NVIDIA to show significant sales increases due to Ray Tracing, there needs to be a demand for the technology, which just doesn't exist yet. Until that technology shows significant benefit in games (this includes enough games properly implementing it - one or two tech demos aren't going to cause a stampede to buy), I don't think sales of RTX cards are going to seen any significant increase over previous product launches, and with the mediocre normal performance increases coupled with the extreme increase in price, real numbers may actually be lower.
 
jardows said:
This is the type of attitude that caused the tech bubble of 2000. Instead of investing on solid data, they are investing on a prediction that may or may not come true, and have bought into the marketing hype of the company. For NVIDIA to show significant sales increases due to Ray Tracing, there needs to be a demand for the technology, which just doesn't exist yet. Until that technology shows significant benefit in games (this includes enough games properly implementing it - one or two tech demos aren't going to cause a stampede to buy), I don't think sales of RTX cards are going to seen any significant increase over previous product launches, and with the mediocre normal performance increases coupled with the extreme increase in price, real numbers may actually be lower.
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That's kind of how the stock market functions fundamentally.
 
jardows said:
This is the type of attitude that caused the tech bubble of 2000. Instead of investing on solid data, they are investing on a prediction that may or may not come true, and have bought into the marketing hype of the company. For NVIDIA to show significant sales increases due to Ray Tracing, there needs to be a demand for the technology, which just doesn't exist yet. Until that technology shows significant benefit in games (this includes enough games properly implementing it - one or two tech demos aren't going to cause a stampede to buy), I don't think sales of RTX cards are going to seen any significant increase over previous product launches, and with the mediocre normal performance increases coupled with the extreme increase in price, real numbers may actually be lower.
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I guess that's why they're not sold out everywhere.

Oh, wait...
 
Dumb, this has to be day traders or those only looking ahead 1-2 quarters. Things are much less rosy once all the discounted back stock of Pascal GTX cards gets sold off. Mining demand is gone and demand for the 2080 Ti's will drop as soon as the production catches up to the initial demand for those upgrading high-end builds. Q1 2019 is going to be absolute trash for Nvidia.
 
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Well when your only competition (which you already outsell 10:1) says that they have zero plans to come out with another desktop card for at least another year...
 
MacLeod said:
The downside is that Nvidia sees this as a sign they're doing absolutely nothing wrong with the way they're running things. Price gouging, GPP, NDA's, iron fist policies.
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As they say, don't hate the player, hate the game.
twimtbp.png
 
Armenius said:
I guess that's why they're not sold out everywhere.

Oh, wait...
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If you are implying that they are, you are wrong. Newegg, right now, has stock available of 16 SKUs. Sure, they are all 2080's, but the analyst's didn't talk about the top-end sku, just the whole product stack.
Also, compare this launch to previous launches. Plus, without knowing available stock at launch, this is only hype. Much of the "Sold out" status was during the pre-order phase.

We aren't talking about "NVIDIA vs AMD" here. We are talking about fundamental investment. Are the fundamentals strong? Hype over new technology can get investors excited, especially those who are not well-versed in the technologies, but for the long term, can create a bubble that will pop. If you are a long-term investor in NVIDIA, wait until there are concrete numbers before getting excited.
 
There will be no flocking to RT because it's a performance hog
 
jardows said:
This is the type of attitude that caused the tech bubble of 2000. Instead of investing on solid data, they are investing on a prediction that may or may not come true, and have bought into the marketing hype of the company. For NVIDIA to show significant sales increases due to Ray Tracing, there needs to be a demand for the technology, which just doesn't exist yet. Until that technology shows significant benefit in games (this includes enough games properly implementing it - one or two tech demos aren't going to cause a stampede to buy), I don't think sales of RTX cards are going to seen any significant increase over previous product launches, and with the mediocre normal performance increases coupled with the extreme increase in price, real numbers may actually be lower.
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Welcome to Capitalism 101 :D:D:rolleyes::rolleyes:
 
SamuelL421 said:
Dumb, this has to be day traders or those only looking ahead 1-2 quarters. Things are much less rosy once all the discounted back stock of Pascal GTX cards gets sold off. Mining demand is gone and demand for the 2080 Ti's will drop as soon as the production catches up to the initial demand for those upgrading high-end builds. Q1 2019 is going to be absolute trash for Nvidia.
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Charlie? is that you?
 
jardows said:
If you are implying that they are, you are wrong. Newegg, right now, has stock available of 16 SKUs. Sure, they are all 2080's, but the analyst's didn't talk about the top-end sku, just the whole product stack.
Also, compare this launch to previous launches. Plus, without knowing available stock at launch, this is only hype. Much of the "Sold out" status was during the pre-order phase.

We aren't talking about "NVIDIA vs AMD" here. We are talking about fundamental investment. Are the fundamentals strong? Hype over new technology can get investors excited, especially those who are not well-versed in the technologies, but for the long term, can create a bubble that will pop. If you are a long-term investor in NVIDIA, wait until there are concrete numbers before getting excited.
Click to expand...

Quarter after quarter, nvidia reports profits, many times record profits, it keeps growing in pretty much every market and is the dominat player in ALL the markets its in. And that's not just now, its been happening for years.

How's that for long term investment?
 
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Stoly said:
Quarter after quarter, nvidia reports profits, many times record profits, it keeps growing in pretty much every market and is the dominat player in ALL the markets its in. And that's not just now, its been happening for years.

How's that for long term investment?
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That's a solid basis for investment. Not "we think that the gamers will really eat up this new tech that we know nothing about but NVIDIA wowed us with at the demo!"
 
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