Three takeaways from Jensen’s CES keynote that ended at 5:30p ET: $NVIDIA(NVDA.US) shares are flat in after-hours trading.
1. I was disappointed there was no direct commentary on demand. My take: don’t read into it. My take: Demand is still running ahead of expectations and I still expect 65% plus growth this year. The Street is at 50%. Looking back at last year’s keynote, this year’s high-level comments were similar.2. Spotlight on Physical AI. Jensen dubbed this the “ChatGPT moment” for machines to understand, reason, and act in the real world. My take: the Physical AI push steals the show.3. Announced a partnership with Siemens to use its tools for robot simulation. My take: it gets lost among the many partnerships Nvidia has announced over the past three months. What matters is that each new partnership strengthens the company’s competitive moat.Source: Gene Munster
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments