NVIDIANVDA
About: Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
Employees: 29,600
Fund manager confidence
Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)
79% more first-time investments, than exits
New positions opened: 416 | Existing positions closed: 233
25% more repeat investments, than reductions
Existing positions increased: 1,690 | Existing positions reduced: 1,356
16% more capital invested
Capital invested by funds: $697B [Q3] → $807B (+$109B) [Q4]
5% more funds holding
Funds holding: 3,582 [Q3] → 3,765 (+183) [Q4]
2% more funds holding in top 10
Funds holding in top 10: 990 [Q3] → 1,014 (+24) [Q4]
1.27% more ownership
Funds ownership: 64.67% [Q3] → 65.94% (+1.27%) [Q4]
16% less call options, than puts
Call options by funds: $35.3B | Put options by funds: $41.9B
Research analyst outlook
79 Wall Street Analysts provided 1 year price forecasts over the past 6 months
79 analyst ratings
UBS Timothy Arcuri | 34%upside $1150 | Buy Maintained | 30 Apr 2024 |
Evercore ISI Group Mark Lipacis | 35%upside $1160 | Outperform Initiated | 16 Apr 2024 |
Raymond James Srini Pajjuri | 28%upside $1100 | Strong Buy Maintained | 11 Apr 2024 |
Keybanc John Vinh | 40%upside $1200 | Overweight Maintained | 8 Apr 2024 |
Susquehanna Christopher Rolland | 22%upside $1050 | Positive Maintained | 4 Apr 2024 |
Financial journalist opinion
Based on 533 articles about NVDA published over the past 30 days