Artificial Intelligence in Genetics
Q1 analysis: NVIDIA
NVIDIA, a purveyor of high-performance graphics and video processing chips, occupies a prominent niche in the market. It mainly caters to desktop and gaming personal computers, workstations, sophisticated computing servers, and AI platforms. Notably, NVIDIA emerges as the standout performer among the entities listed herein for the fiscal year 2024
It boasted a remarkable 12-month appreciation of 227.4%, thereby clinching the title of the second-best performer within the S&P 500 index, trailing only Super Micro Computer Inc. (SMCI).
NVIDIA's forward-looking agenda, shown by the introduction of its cutting-edge Blackveil Chip and substantial investments in cloud infrastructure, suggests that the stock's price trajectory still harbors significant upside potential. Investors with a discerning eye on AI technology are well-advised to consider Nvidia a cornerstone investment, albeit dividend investors remain attuned to the performance of its key suppliers in navigating the prevailing market dynamics.
Market Info as of 16/04/2024
Market Cap: 2.15 trillion USD
Current Stock Price: $860.01
52-week range: $974 (high) & $262.25 (low)
Earnings Per Share: $4.91 for the January 2024 fiscal quarter end
Dividend Yield: 0.019%
Q1 2024 Analysis: Microsoft
Microsoft, as you may know, is a titan globally known for its flagship offerings including Windows, Office, and Azure cloud services. In recent days, AI has been the primary driver of MSFT’s market interests. When you throw the partnership with Open AI and several AI apps in the pipeline into the mix, Microsoft may look like a strong buy, but there is more to the story.
It hasn’t been all smooth sailing for Microsoft lately. Microsoft is seemingly trying hard to get Bing and Copilot off the ground. With seemingly better options on the market, generating interest through Copilot Super Bowl Ad may have turned a few eyes away. Not to mention, the enterprise version of Copilot costs $30, which has garnered some downvotes from users. All in all, even with the latest deal with Activision complete, MSFT is preferably a hold rather than a buy or sell.
Market Info as of 16/04/2024
Market Cap: 3.07 trillion USD
Current Stock Price: $413.64
52-week range: $430.82 (high) & 275.37 (low)
Earnings Per Share: $5.92 for the 2024 fiscal year
Dividend Yield: 0.73%
Shovel Investing Could Be Your Thing!
Micron Technology | Global Leaders in Semiconductors
Looking forward to the movie in 3 years
Sam Altman: Ousted OpenAI boss to return days after being sacked
OpenAI CEO snip snap snip snap
Breaking: OpenAI board in discussions with Sam Altman to return as CEO