What's Going On With Nvidia Stock Tuesday?
Portfolio Pulse from Anusuya Lahiri
Nvidia Corp is reportedly developing central processing units (CPUs) designed to support the Windows operating system, which could challenge Intel Corp and potentially impact Advanced Micro Devices, Inc. The move is expected to unlock a $30 billion TAM for Nvidia. The U.S. Government has informed Nvidia that additional export restrictions are effective immediately, impacting shipments of Nvidia’s A100, A800, H100, H800, and L40S products. However, the company does not anticipate a near-term meaningful impact on its financial results.
October 24, 2023 | 4:43 pm
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NEUTRAL IMPACT
Nvidia is developing CPUs that could challenge Intel and impact AMD. Despite new export restrictions, the company doesn't expect a near-term impact on financial results.
Nvidia's development of CPUs to support Windows could potentially challenge Intel and impact AMD. However, despite new export restrictions, the company does not anticipate a near-term meaningful impact on its financial results, indicating strong demand for its products.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nvidia's development of CPUs could potentially impact AMD.
Nvidia's development of CPUs to support Windows could potentially impact AMD, as AMD's share gains have been accomplished by levering, not challenging, the X86 architecture.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Nvidia's development of CPUs could challenge Intel.
Nvidia's development of CPUs to support Windows could potentially challenge Intel, potentially affecting Intel's market share.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80