Nvidia stock drops as chips industry moves into correction phase
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- Опубліковано 5 жов 2024
- Shares of Super Micro Computer (SMCI) fell sharply Friday after the company opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins Market Domination to provide insights into this situation.
Rasgon acknowledges that while the chip sector is undergoing a correction, "outside of AI" the industry has not been performing well. He notes that other segments of the sector, such as automotive, data centers, PCs, and smartphones, "are not all that great," which could be contributing to the sector-wide pressure, in addition to the disappointing earnings from major players.
Rasgon shifts the focus to the question of "the pace of the recovery," noting that the stocks have held up "remarkably" despite the revisions, suggesting this is "a delayed reaction."
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The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
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She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
They are only warming up. I dont think the demand for Nvidia chips will never be met. Every few months, demand doubles. Already have about $98k invested in NVDIA stocks, looking for new buys to diversify across various markets. Want to build a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
Then You should be looking to hire and work with a good market strategist for entry and exit points, instead of the speculations YT.
Agreed! A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. My cash reserve has increased from $450,000 to around $1.1 million as of today.
@georgeh Who is your advsor please? if you don't mind me asking
She's known as a 'Amber Russell Bennett'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with
Thank you for sharing. it was easy to find her and schedule a phone call with her. She seems proficient considering her résumé.
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
@@Kaustavpatell I could really use the expertise of this advsor
@@donovantobs Actually its a Lady. Yes my go to person is a ‘Mary Kaliope Braun '. So easy and compassionate Lady. You should take a look at her work.
Thank you for this amazing tip. I just looked the name up and wrote her
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Well I’d say the market takes a look like to 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 37% of my portfolio comprising of plummeting stocks that were recommended by certain financial UA-camrs, quite devastating.
If we being sincere it no ones fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound investors need to get this.
I do believe differently individuals have unique means of operation, I recently surpassed a million in proceeds, I found having a CFA most rewarding.
If you don’t mind ma’am, pls say more info on your adviser. I’d really appreciate it
On a market broad and complicated as that of stocks and foreign exchange the need for an expert to guide one cannot be over emphasized
Very well, a little due diligence on Lina Dineikiene, truly exceptional
I started selling my NVDA shares that I bought for $45 back in 2019 and i am sitting on roughly about $300k. Am i better off putting the money somewhere else or sit out and wait for the correction to be over?
Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a ~10% profit. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions
Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $1.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment
Dont buy. Heading for a major correction.
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Marisol Cordova is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I know Nvidia. It’s fine. Holders since 2018 like me know the deal. I’ve been down 50% several times. If you can’t take the heat, stay away ; )
enjoy the trip back to 200
200? In ur dreams lol
@@ashuvssut23 Never experienced a parabolic market corection huh? watch and learn
@@JonnyZuccshow many times have you? For similar succesful companies
@@deyh5664 IT doesnt matter what the circumstances, a parabolic move will be met with the same correction whether its bitcoin, nvda, or a small cap.
Finally someone talking sense today!
last year they said semiconductor is rubbish. this year for the first 2 monthes they said NVIDIA can grow up to 1300$. Now they said semiconductor is still rubbish now. who is saying something totally bullshit.....
I never trust these guys from wall street
@@m.preacher2829 exactly
You have to correct to go higher. That’s just the way stocks go. It will hit 1000 eventually, especially if earnings are spectacular again.
I bought at 950. In a lot of pain right now seeing how low it dropped.
$879 for me
Hold.
Ouch. I can't imagine buying in that high. I bout in at like 730ish back in what, Feb or so. I sold after the first dip at 974. I made my first ever stock trade with Nvidia when it was at 468 or so. Made $4 lol. I've learned A LOT over the past 5 months. I got in late. To NVDA, S&P, everything. I'm completely out of the market now but we'll see how this year goes and what the charts look like.
Yes, it's disappointing today but one day does not make a market.
You definitely need to hold. It may be a while before it gets to 950 again, but it will.
a 2T + company... 10% decline in a day with ... no direct related news ... this market ..
I’m frustrated 🤦🏻♂️
Nvidia no longer safe 😱
a lot of the trades are controlled by bots
@@wafflecat711ironically the bots 🤖 are powered by Nvidia ; )
@@matthew.m.stevick 100% lmao
I like Stacy’s spaceships !
And I think buying the dip in Nvidia makes sense now.
This is not a correction. This is the type of paranoid stupidity selling that happens when people don’t do their homework on company financials. As for ASML, there was a lag time in orders, not low demand. TSMC delivered great results and AI chip demand will more than offset smartphone demand. Automotive is not rolling over. EV’s are and standard vehicles require as many chips as EV’s these days. SMCI was the most laughable as they are in Nvidia and AMD’s pocket. Their growth is outstanding. These companies are now hopelessly over sold. To all those who panicked and sold out, you deserve your losses.
This is 100% a correction. If you had had done your homework you be selling 4-5 weeks ago when NVDA had a railroad track- a topping signal having broken out from a 504 line of least resistance 11 weeks earlier.
I am sorry brother. You still have a chance before you lose a lot.
Just weak handed stock holders. NVIDIA is the future of all technology. Buy it hand over fist!
NVDA makes chips. There is nothing revolutionary about that. The best chips, yeah. But the future of all technology, no
@@jshatfield115 yes, all technology. you clearly dont work in tech
@JDBBB I'm an aerospace engineer, and also train AI on the side. Please tell me how your NVDA chip is going to be better than some other less expensive chip in my aircraft? Don't talk to people like that that you know nothing about. You'll get smoked. I posit that you are simply brainwashed by CNBC.
Nvidia has been around since 1993. It's never been the future of anything, why would it be now?
@@jshatfield115 Im sure he meant that those chips are used to grow the future of technology.
I have approximately 100,000 dollars invested in NVIDIA. I bought most of the shares I possess in the 700-960 range. Should I sell and cut my losses or hope that the stock bounces back and risk losing more money? I assume moving forward that the share price will continue to fall. I’m conflicted. All help/advice is welcome.
The stock is going down
Google could destroy Nvidia if it made physical TPUs but they are run by morons
Nvidia is game company. Path tracing for video games. AI is just a fancy word for matrix multiplication
ASICS are superior to GPUs like GPUs are superior to CPUs
The stock isn't growing it's got competition from everyone. It's made on TSMC
Think about it
Check how easy to aquire new stock rn, if easy then let go if not then don't
We are going to continue to need semiconductors, stop reacting in the emotion of the moment. I try to ignore hype and the panic.
Good strategy
Is the technical analysis on SMCI still very bullish?
Only when the tide goes out do you discover who's been swimming naked. Warren Buffett
In January? After a 2x 2023 Goldman came out with a $800 target and I thought “no shot”. I exited my large concentrated position early March a millionaire and now it’s 10% of my long term - no touch portfolio. NVDA is backed by reality and earnings and is the best company in human history in my opinion. Maybe Goldman was right? Maybe $800 is the right price? I dont know. I’m owning not trading.
I have it at 892. I will snag up some shares during overnight trading coming session sunday night. You can get bargain prices on already beaten down stocks.
The economy is expected to slow. In fact it has to in order for us to get inflation to 2%. They're going to miss earnings and it will collapse. Just like other tech stocks will.
Where do you guys Will buy arm? 70 or less? For long term. Thanks
I bought some arm above 136$ where we add more for long term? 70? Or ipo price again?
AMD earnings call in 10days. Time to load truck? 250B Marketcap is nothing for a bluechip tech stock, NVDA is 2T I’m sure there’s at least 2x or so upside for AMD this year. Meta and Microsoft are taking AMD over NVDA too.
I’m talking about going all in on AMD. AMD climbed the ladder quickly for PC Gaming And business processors, quickly gained giant contracts/commitments with the biggest companies.
I have high hopes, and I’m glad it’s still kinda on hush, cause I’ll gladly get in now just like people who were confident in nvidia a few years ago
@@richmeier not bullish on AMD.
Retail investor: I bought a little more NVDA and AVGO today (fractional shares, but it's money to me). The short term isn't that important.
never heard about what happened with INTC and CSCO in 1999? Good luck
AVGO and NVDA is the best long term play
@@kurniawanms2 I know Nortel Networks dropped into oblivion and never recovered.
I have been self managing my portfolio for the past 5 years and also have $1m in assets under management. I have underperformed the past 2 years and this has got me worried, Are there anyways to turn this around or should i sell off some assets?
Time to grab. Once a lifetime opportunity.
Valuation contraction due to rising bond yields and fear of war is the reason for today’s correction
bond yield dropped today
BUY BUY BUY DAMN IT BUY BUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUYYYYYYYYYYYYYYY!
Is it? Or is it part of the Iran Israel market freakout
I think that’s why the whole entire market is quite bearish today. Also cuz of panic selling and stuff
I just follow Nancy and I trust she know what is going to happen.
During the latest earnings call, TSMC CEO CC Wei said AI related demand is VERY VERY strong. AI related demand will double this year and has a 50% CAGR to 2028. 1.5^4=5.0625, that means 5 times the current market size.
I bought in 2015 I still keep it
The economy is expected to slow. In fact, it has to in order for us to get 2% inflation. I think NVidia will gap back up in the short term. But it will collapse when they miss earnings. Just like other tech stocks will.
It is time to buy 🎉 not to sell
It's... It's still the correction phase..? That's been happening to the entire market for over a month now..
What is Nvidia's intrinsic value??
depends what ur discount rate is lol
NVDA fair intrinsic value is $600
@@holysmokesturbo2649 bro u cant say something is at intrinsic value at certain price without saying for what return rate.. will it make me 3% a year at 600? Or 15%
@microbe_rz31 I'd like to ask Warren Buffet what he think about your logic.
I’m going for AMD. Any thoughts of a 4 year plan with AMD?
Buying under $125 is. good deal.. 2028 stock will be $300. or $1000.
@@STOCKmarket-fo1fh do you see it getting under $125?
@@richmeier I don't know... What will market does? Keep buying until next few months.
I don’t know what his talking about. The lady was upfront with AI stocks corrections and he talked about PC smartphones auto industrials correction like what? Then continuing to shill NVidia for gods sake. Just say you are Jensen Huangs bootlicker. Didn’t even answer the question.
nvda $8000 by 2030
Why so bearish why not next week
lmao
i don't think that'll happen. AI trend will slowly die down in the next few years. like everything else that came and went
Yes very true, nvidia to da moon 🎉❤
@@joo02 your common sense and accuracy describing the situation is not welcome here thanks only delusional bull talk allowed or youre banned forlife
Хочется побольше активности!!) думаю так ты сможешь поднимать еще больше бабла)
At least another 10% downside here looking at technicals and fundamentals
Just for your info: other companies are starting to make AI chips. Meta, Google will use their own chips.
At this point they're making plans to make chips, not chips. Nvidia is light years ahead of them, but eventually, yes there will be competition.
Microsoft , apple starting making chips so not dominance in the future for NVDA,plus once you buy chips may take a while before you buy again like my iPhone last bought 5 years ago
take what you can, give nothing back...
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you can’t answer a simple question of what percentage is held by retail investors, something that you find out with just one click, from that comment on, everything he said is in vain.
I think AI was a flavour of the month type of rally and now we will see those stocks slowly bleed off into 2025 awaiting the next paradigm.
Qualcomm should not exist as a company.
The best news. Qualcomm should hit 0.
Hi there
as usual he's too late! from the day rally started it was all about NVDA game in AI that rocketed the entire sector higher and higher! Marvel missed by 30% on a normal day it would have halved the stock. but they kept going up again due to NVDA numbers. NVDA appears cheap today just like TSLA appeared super cheap at $375 over 18 months ago. Market is rigged completely since covid (SEC staff shortage? ) that's why we see 10-20-30% megacap moves on either side lately !!
I guess nvidia will drop 720usd next week
Bubble popping. Simple
Artificially Inflated = A.I
Nvidia bulls are so funny, bulls in general are the most delutional people. im going to enjoy watching this entire thing crumble back into reality. NVDA will drop as quickly as it popped.
NVDA is going to $600
It is good. Buy more!
Based on?
then short it
@@fanman12 I did today from when it was 828 did not let go until it hit 775 all it took 75 puts to make 27k from delusional bulls , now I am going to wait until fools bring it back to 800`s then jump on it to destroy it .
remember stocks are all Ponze scheme are good for shorting only
Based on?
!!!My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $100,000 to invest. Where are you investing it?
Money advice varies, what works for one may not for another, but planning is key. Exposed to personal finance early, I started working at 19, bought my first home at 28, faced job loss at 36 during COVID. Consulting a CFP helped grow my finances. Currently, I'm 25% short of my $5m goal..
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech. Thanks to Andras Bohm, my advisor.
That is just amazing! Could you please tell me about your Certified Financial Planner (CFP)? This year, I'm considering some financial changes..
PLEASE ADVISE..
What is the most reliable medium to reach him please?
Run a quick online research with his name..
The bubble is bursting, that is what's happening.
Nvidia is pure bubble
This guy has no clue of chinese R&D ;)
USA always #1, yeah sure...
Nvidia going bankrupt?🤨
You don't know what the hell you are talking about
never trust wall street, they can change in one week.
the best example is their opinion towards semiconductor