U.S. Stock Market Update | Chip stocks rise, NVIDIA surges over 2.4%
On Monday, chip stocks rose. As of the time of publication, NVIDIA rose more than 2.4%, AMD rose more than 1.6%, Taiwan Semiconductor rose more than 3%, and Super Micro Computer rose more than 2.3%. On the news front, NVIDIA's gross margin guidance for the remaining two quarters of this year and 2025 is relatively conservative. However, Morgan Stanley believes that this is a strategic move by NVIDIA for better development. Although the yield issue of rev 0 Blackwell has affected the gross margin guidance and there are many unknown factors in the chip market next year, the pressure on NVIDIA's gross margin is moderate, and bearish expectations have been exaggerated. On Monday, September 9th, Morgan Stanley's strategy analyst Joseph Moore and his team released a report stating, "NVIDIA's historically low gross margin has been seen as dragging down its stock price, but we believe this is a strategy that will allow NVIDIA to gain more market share in AI processors next year."
According to the financial news app Zhitong Finance, on Monday, chip stocks rose. As of the time of publication, NVIDIA (NVDA.US) rose by over 2.4%, AMD (AMD.US) rose by over 1.6%, Taiwan Semiconductor (TSM.US) rose by over 3%, and Super Micro Computer (SMCI.US) rose by over 2.3%. On the news front, NVIDIA's guidance on gross margin for the remaining two quarters of this year and 2025 is relatively conservative. However, Morgan Stanley believes that this is a strategic move by NVIDIA for better development. Despite the impact of the Rev 0 Blackwell production issues on gross margin guidance and many unknown factors in the chip market next year, the pressure on NVIDIA's gross margin is moderate, and bearish expectations have been exaggerated.
On Monday, September 9th, Morgan Stanley's strategy analyst Joseph Moore and his team released a report stating, "NVIDIA's historically low gross margin has been seen as dragging down its stock price, but we believe this is a strategy that will allow NVIDIA to gain more market share in AI processors next year."