Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Nvidia's 2024 AGM highlights: Pay packages and new AI market strategies
Views 5.4M Contents 2332

$Taiwan Semiconductor (TSM.US)$ still only goes for 21x NTM ...

$Taiwan Semiconductor(TSM.US)$ still only goes for 21x NTM EPS in spite of its run-up. And estimates are probably going higher. In addition to all the AI accelerator demand, you've got:

1) An improving demand backdrop for CPUs and mobile SoCs, aided by $Apple(AAPL.US)$ 's new AI features (only available on recent hardware) and $Microsoft(MSFT.US)$ 's Copilot+ (requires a 40+ TOPS NPU).
2) NPUs driving CPU/SoC die sizes higher.
3) Potential share gains against Samsung, which is reportedly dealing with major 3nm yield issues.
4) Price hikes for GPU/accelerator production, with Jensen's apparent blessing. My guess is he figures an across-the-board hike will strengthen $NVIDIA(NVDA.US)$ 's competitive position, since its margins will probably be hurt much less than those of rivals with lower ASPs and far less scale.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
7
+0
Translate
Report
49K Views
Comment
Sign in to post a comment
    693Followers
    11Following
    1482Visitors
    Follow