NVDA
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Article Summary
HOLD- Samsung Electronics (NASDAQ: SAMHU) and LG Electronics (NYSE: LGE) rallied on Monday as Nvidia CEO Jensen Huang is expected to visit South Korea later this week to meet Korean executives, boosting hopes of AI and robotics tie-ups.
- Nvidia plans to hold a Korean Partner Night event in Taipei on Monday, with Samsung and SK Hynix also expected to attend.
- South Korea's semiconductor exports surged to a record high in May on the AI boom, helping total exports post their biggest rise in over four decades.
- Samsung Electronics also started shipping samples of its latest high-bandwidth memory chip to customers, pulling ahead of rivals in distributing a new version critical to AI data centers.
- Nvidia said last year it will supply more than 260,000 of its most advanced AI chips to South Korean government and some of the country's biggest businesses, including Samsung Electronics and Hyundai Motor Group.
- Analyst: Huang's visit to Korea has a major implication as Nvidia needs Korea.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 70.7% | 25% | 100.0 ptsExceptional (70.7%) - Hypergrowth |
| EPS Growth Next 5Y ? | 44.1% | 25% | 100.0 ptsExceptional (44.1%) - Very high expectations |
| Target Price Upside ? | 43.4% | 20% | 95.0 ptsHuge Upside (43.4%) - Target: $308.51 vs Current: $215.10 |
| Gross Margin % ? | 74.2% | 15% | 100.0 ptsExceptional (74.2%) - Strong pricing power |
| Drawdown from 52-Wk High ? | -9.1% | 15% | 20.0 ptsBarely a Dip (-9.1%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About NVDA
- NVIDIA Corporation operates as a data center scale AI infrastructure company.
- The company operates through two segments, Compute & Networking, and Graphics segments.
- The Compute & Networking segment provides data center accelerated computing and networking platforms and artificial intelligence solutions and software, and automotive platforms and autonomous and electric vehicle solutions, including software.
- The Graphics segment offers GeForce GPUs for gaming and PCs; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics.
- The company's products are used in gaming, professional visualization, data center, and automotive markets.
- The company sells its products to original equipment manufacturers, original device manufacturers, system integrators and distributors, independent software vendors, cloud service providers, add-in board manufacturers, distributors, automotive manufacturers and tier-1 automotive suppliers, and other ecosystem participants worldwide.
- It has a collaboration with Tech Mahindra Limited to develop artificial intelligence powered telco network operations reasoning agent.
- The company has a strategic partnership with Lumentum Holdings Inc. to develop optics technologies for AI and data centers.
- It also has a strategic partnership with Nebius Group N.V. to develop and deploy hyperscale cloud for the artificial intelligence market; and has a strategic partnership with IREN Limited to accelerate deployment of up to 5 gigawatts of infrastructure.
- NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.