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Nvidia CEO Jensen Huang says…
“I predict that THIS be the first multi-trillion-dollar robotics industry.”
That’s why Nvidia is quietly investing billions in the Robo AI Initiative.
Go here ASAP for detail and my top stocks to buy now.
Everyone is watching Nvidia (NASDAQ: NVDA) before tonight’s earnings report.
Morgan Stanley says Nvidia is a “top pick”. And Wedbush Securities just issued a “Overweight” rating.
The company’s core business is supplying chips for AI datacenters.
Nvidia’s CEO now predicts that self-driving vehicles are becoming a reality.
“The AV revolution has arrived. After so many years of Waymo’s success and Tesla’s success it is very, very clear that Autonomous Vehicles has finally arrived.”
It could spark a new $1 – $2 trillion opportunity.
Simply click for urgent details on the Robo AI Initiative.
Nvidia will report earnings at 4:30pm Eastern Time.
Here are the latest analyst estimates:
- Revenues: $43.3 billion – up 66%
- Adjusted EPS: $0.73 – up 40%
- Q2 guidance: $45.9 billion revenues and $1.00 EPS
Investors will want to see Nvidia meet or beat these numbers.
Morgan Stanley has a $160 price target on NVDA. And Wedbush gives the stock a $175 target.
I’ve been pounding the table on Nvidia.
On April 17 shares were trading at $104. And that’s when I sent this note to my clients…
“You can expect to see near-term volatility in shares of Nvidia and other tech stocks due to tariff related uncertainty. However, once trade deals get ironed out, I’d expect shares of these stocks to rebound swiftly and sharply.”
Let’s watch Nvidia’s earnings after the market close today.
I’m expecting an important update from Nvidia’s CEO the Robo AI Initiative.
Simply click here now for my LIVE briefing.
Ian Wyatt