Tigerong
2024-12-15

NVIDIA needs little introduction as it’s currently the hottest stock in the market, thanks to its dominance in AI hardware. At one point in 2024, it briefly overtook Apple as the world’s most valuable company. While it’s now back at number two, that’s still an impressive feat.

On December 9, 2024, China’s State Administration for Market Regulation launched an antitrust investigation into NVIDIA, alleging potential violations of anti-monopoly laws. This is widely seen as a counter-move against U.S. restrictions on China’s chip industry. The probe targets NVIDIA’s AI chip market dominance and its compliance with conditions from its 2020 Mellanox Technologies acquisition.

According to Morningstar, NVIDIA's fair value estimate is $130, while its current share price is slightly above that at $139, reflecting some degree of overvaluation.10-Year Revenue CAGR: 31%

Amazon, Alphabet Earnings: Will Cloud and Ad Growth Estimates Be Met?
Alphabet and Amazon will release earnings this week. The market widely expects Alphabet's fourth-quarter revenue to be $96.69 billion. Google Search and YouTube revenues are projected to grow by 10% and 11%. Amazon's upcoming earnings will focus on AWS performance. In Q3, AWS revenue was $27.5bn, up 19% YoY, meeting expectations. With the stock hitting a new high ahead of the earnings report, can Google continue to grow? Do you see growth potential for Google and Amazon in AI and advertising? Is it possible for the stock to hit a new high after the earnings report?
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