Default image

BullDigest's March 24 Post-Market Summary of NVIDIA Corporation

  • 24.03.2025 22:01
  • bulldigest.com
  • Keywords: Post-Market, Summary, NVIDIA Corporation

Check out BullDigest's March 24 Post-Market Summary of NVIDIA Corporation. We provide a summary of the key news from market opening hours.

Post-Market SummaryCPTsentiment_dissatisfiedDELLsentiment_satisfiedDOCsentiment_satisfiedNTAPsentiment_satisfiedPSTGsentiment_satisfiedMUsentiment_satisfied

Estimated market influence

Xiao-I (AIXI)

Positivesentiment_satisfied
Analyst rating: N/A

Chinese AI company focused on AI models with a market cap of $44M, net profit margin of -47%, and high-risk potential.

SUSS MicroTec (SESMF)

Positivesentiment_satisfied
Analyst rating: N/A

Semiconductor equipment supplier for AI, currently 45% down from Oct 2024 highs but with strong Q4 results and projected EBIT margin of 17.5%, full-year revenue at EUR 445M.

Evolv Technologies (EVLV)

Positivesentiment_satisfied
Analyst rating: N/A

AI-powered security screening tech, projected 26.4% revenue growth to $101.6M, despite CEO firing due to employee misconduct, ARR jumped 40% YoY to $113M, RPO grew 47% to $262M.

NVIDIA (NVDA)

Positivesentiment_satisfied
Analyst rating: N/A

Focus on AI with new chip announcements and strong ecosystem partnerships; however, bear case scenarios include potential earnings decline and export restrictions.

AMD

AMD

Negativesentiment_dissatisfied
Analyst rating: Buy

Announced budget-friendly gaming GPU RX 9060 XT targeting Nvidia RTX 5060 Ti, expected Q2 2025 launch with pricing $250-$350.

DDN

Positivesentiment_satisfied
Analyst rating: N/A

Launched Inferno fast object appliance at NVIDIA GTC 2025.

Dell

Dell

Positivesentiment_satisfied
Analyst rating: Strong buy

Validated PowerScale for Nvidia Cloud Partner Program.

HPE

HPE

Positivesentiment_satisfied
Analyst rating: Buy

Discussed unified data layer upgrades at NVIDIA GTC 2025.

Hitachi Vantara

Positivesentiment_satisfied
Analyst rating: N/A

Launched Hitachi iQ M Series with Nvidia AI Enterprise.

IBM

Positivesentiment_satisfied
Analyst rating: N/A

Announced collaboration with Nvidia at NVIDIA GTC 2025.

NetApp

NetApp

Positivesentiment_satisfied
Analyst rating: Buy

Achieved Nvidia validation for SuperPOD.

Pure Storage

Pure Storage

Positivesentiment_satisfied
Analyst rating: Buy

Revealed compatibility with Nvidia AI Data Platform.

Vast Data

Positivesentiment_satisfied
Analyst rating: N/A

Launched enterprise-ready AI Stack.

Weka

Positivesentiment_satisfied
Analyst rating: N/A

Achieved data store certification for Nvidia GB200 deployments.

Micron

Micron

Positivesentiment_satisfied
Analyst rating: Buy

HBM3E used in Nvidia systems, Compute and Networking revenues up to $4.56B, HBM3E revenues over $1B, expecting 20-25% market share by end of 2025.

FuriosaAI

Positivesentiment_satisfied
Analyst rating: N/A

AI chip startup rejected Meta's $800M acquisition offer, discussing raising $48M and RNGD chip testing completion.

Context

Business Insights and Market Implications Summary

AI Penny Stocks

  • Xiao-I (AIXI):

    • Market cap: $44M
    • Net profit margin: -47% (narrowing YoY)
    • High-risk, high-reward potential

  • SUSS MicroTec (SESMF):

    • Currently 45% down from Oct 2024 highs
    • Q4 2024 EBIT margin: 17.5%
    • Full-year revenue projection: EUR 445M

  • Evolv Technologies (EVLV):

    • Projected 2025 revenue growth: 26.4% to $101.6M
    • ARR YoY growth: 40% to $113M
    • RPO YoY growth: 47% to $262M

NVIDIA Stock Outlook

  • Bull Case (Target: $220):

    • Based on Rosenblatt Securities' price target
    • Earnings decline and export restrictions pose risks

  • Bear Case (Target: $100):

    • Driven by tariff fears, AI slowdown, and export restrictions

  • Mid-Range Scenario:

    • Potential decline similar to 2022
    • Broke below 200-day moving average

Market Index Performance (March 24, 2025)

  • SP500:

    • Level: Above 5750
    • Resistance points: 5800-5810, then 5900-5910

  • NASDAQ:

    • Level: Above 19,950-20,000
    • Led by Tesla (+10.8%)
    • Resistance points: 20,300, then 20,600-20,650

  • Dow Jones:

    • Level: Tested resistance at 42,500-42,600
    • Led by Salesforce (+3.4%)

NVIDIA GTC 2025 Announcements

  • New Products:

    • Blackwell Ultra chips for AI model deployment
    • Next-gen GPUs: Vera Rubin (2026), Feynman (2028)

  • Ecosystem Focus:

    • Strategic partnerships to leverage AI advancements

AMD Radeon RX 9060 XT

  • Specifications:

    • Budget-friendly gaming GPU
    • Pricing: $250-$350
    • VRAM options: 8GB and 16GB

  • Launch:

    • Expected Q2 2025

Storage Players at NVIDIA GTC 2025

  • Announcements:
    • DDN: Inferno fast object appliance
    • Dell: Validation of PowerScale for Nvidia Cloud Partner Program
    • HPE: Unified data layer upgrades
    • Hitachi Vantara: Hitachi iQ M Series with Nvidia AI Enterprise
    • IBM: Collaboration with Nvidia
    • NetApp: SuperPOD validation
    • Pure Storage: Compatibility with Nvidia AI Data Platform
    • Vast Data: Enterprise-ready AI Stack
    • Weka: Data store certification for Nvidia GB200

Micron's HBM Business

  • Performance:

    • Compute and Networking revenue: $4.56B
    • Operating income: $1.92B

  • HBM3E:

    • Revenue exceeded $1B
    • Market share target: 20-25% by end of 2025
    • TAM projection: $100B by 2030

NVIDIA as Full Stack Provider

  • Strategy Shift:
    • Repositioning as infrastructure provider
    • Long-term GPU roadmap to 2028

Market Outlook

  • Short-Term Rally:

    • Potential due to oversold conditions

  • Bearish Sectors:

    • Retail (XRT): Targets $70 and $60
    • Transportation (IYT): Economic weakness indicators
    • Semiconductors (XSD): Overvalued, targets $200 and $150

FuriosaAI Acquisition Decision

  • Decision:
    • Rejected Meta's $800M acquisition offer
    • Secured $48M funding and completed RNGD chip testing

This summary captures the essential business insights and market implications from the provided text, highlighting key trends, financial metrics, and strategic developments.