{"id":12247,"date":"2023-05-22T16:49:26","date_gmt":"2023-05-22T20:49:26","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/nvidia-might-have-some-bad-news-on-gaming-buy-the-stock-anyway\/"},"modified":"2023-05-22T16:49:27","modified_gmt":"2023-05-22T20:49:27","slug":"nvidia-might-have-some-bad-news-on-gaming-buy-the-stock-anyway","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=12247","title":{"rendered":"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000651787\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>\n        Nvidia<br \/>\n       is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming card. <\/p>\n<p>Analyst John Vinh, of KeyBanc Capital Markets, reiterated his Overweight rating for<br \/>\n        Nvidia<br \/>\n       (ticker: NVDA) stock and raised his price target to $375 from $320.<\/p>\n<div class=\"paywall\">\n<p>\u201cNvidia remains uniquely positioned to benefit from AI\/ML secular data center growth within the industry,\u201d Vinh wrote Sunday. \u201cThe disappointing launch of the [gaming card] RTX4070 could result in a modest miss in gaming, we anticipate investors will look through these concerns.\u201d<\/p>\n<p>In midday trading Monday, the stock was up 0.2% to $313.34.<\/p>\n<p>Nvidia chips have high exposure to generative AI, which has been trending this year. The technology ingests text, images, and videos in a brute-force manner to create content. Interest in this form of AI was sparked by OpenAI\u2019s release of ChatGPT late last year.<\/p>\n<p>The analyst said Nvidia will benefit from robust sales from its latest data center H100 product and the rollout of future gaming cards. While the chip maker is trading at an elevated valuation of 48 times his fiscal 2025 earnings estimate, he believes it is justified.<\/p>\n<p>\u201cWe believe NVDA\u2019s outsized share position and ability to monetize growth in generative AI at 70%+ GM [gross margin] should warrant a meaningful premium vs. its semiconductor peers,\u201d he wrote.<\/p>\n<p>Wall Street analysts have a positive view on Nvidia. About 74% have Buy or equivalent ratings on the stock, according to FactSet.<\/p>\n<p>The chip maker is scheduled to report its fiscal first-quarter results Wednesday.<\/p>\n<p>Write to Tae Kim at tae.kim@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/nvidia-stock-price-buy-artificial-intelligence-cf8fb65c?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming card. Analyst John Vinh, of KeyBanc Capital Markets, reiterated his Overweight rating for Nvidia (ticker: NVDA) stock and raised his price target to $375 from $320. \u201cNvidia remains uniquely positioned to benefit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-12247","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=12247\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway? | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=12247\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-22T20:49:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-22T20:49:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1684788566_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=12247#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=12247\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?\",\"datePublished\":\"2023-05-22T20:49:26+00:00\",\"dateModified\":\"2023-05-22T20:49:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=12247\"},\"wordCount\":277,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=12247#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=12247\",\"url\":\"https:\/\/ifintechworld.com\/?p=12247\",\"name\":\"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway? | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-22T20:49:26+00:00\",\"dateModified\":\"2023-05-22T20:49:27+00:00\",\"description\":\"Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=12247#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=12247\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=12247#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway? | iFintechWorld","description":"Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=12247","og_locale":"en_US","og_type":"article","og_title":"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway? | iFintechWorld","og_description":"Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming","og_url":"https:\/\/ifintechworld.com\/?p=12247","og_site_name":"iFintechWorld","article_published_time":"2023-05-22T20:49:26+00:00","article_modified_time":"2023-05-22T20:49:27+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1684788566_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=12247#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=12247"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?","datePublished":"2023-05-22T20:49:26+00:00","dateModified":"2023-05-22T20:49:27+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=12247"},"wordCount":277,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=12247#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=12247","url":"https:\/\/ifintechworld.com\/?p=12247","name":"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway? | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-22T20:49:26+00:00","dateModified":"2023-05-22T20:49:27+00:00","description":"Nvidia is getting a vote of confidence for its long-term commitment to new artificial intelligence applications, despite poor sales for its new gaming","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=12247#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=12247"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=12247#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Nvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/12247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12247"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/12247\/revisions"}],"predecessor-version":[{"id":12249,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/12247\/revisions\/12249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/12248"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}