HAPPY NEW YEAR NVDA!
2017 will be a spectacular year for new and emerging NVDA technology in Auto, VR, AI, Gaming, and other areas.
CES is starting next week! I can't wait. Expect BREAKING NEWS from NVDA on auto's.
This was the HOTTEST stock of the S&P 500 and it has run up very nicely. This is early innings for NVDA and this company is poised to exploit many emerging technologies with heavy demand for graphics processing power for Auto's, eSports, AI, VR, Gaming with many of these sectors becoming billion dollar revenue streams.
I think the citron guy is full of crap about his evaluation of NVDA and is manipulating NVDA due to his excessive short losses. He said on CNBC that he went short yesterday. I hope his bs is challenged, he is just another jamook that was too stupid to buy at $90 and now wants a return to that price so he can add shares and cover his short losses.
Shortie attacks NVDA Gaming opportunities but is quite wrong in his analysis.
Gaming has been the solid bread and butter of Nvidia. It has been for a long time and NVDA is a clear leader. EVERYONE serious about gaming wants NVDA graphics cards and chips. Gaming is NOT stagnating as the short claims, it is growing and will be as large as competitive sports such as NFL, NBA, NHL, MLB,. ESPN is covering eSports which has been taking off and MILLIONS are being played for. The growth for new gaming cards for pc's and virtual reality and home pc gaming is expected to grow quite nicely according to the CEO. Virtual Reality and AI is taking off and that will create a large demand for graphics processing power and a company that can meet that demand. So NVDA will do well here and is a clear leader and has a solid revenue stream.
Auto sector is just getting started and Nvidia is selling its DrivePX2 to Tesla. I watched the 6 o clock news on NBC last night and a guy in Norway and his family are alive because of the autopilot on his Tesla stopping his car, that was Nvidia drive px. THIS is AI, this is GRAPHICS processing power which works great at doing the tasks necessary for an auto to navigate roads. The DrivePX2 works and other auto manufacturers will need to compete with Tesla. Expect Audi, Mercedes, Lexus, and all other auto manufacturers to compete and add self driving technology. This is not far from being implemented and more and more self assist and self driving cars on the road.