There are always those who don't believe in evil and want to give it a try! Nvidia's short positions are comparable to the sum of Apple and Tesla
ZEROPK
发表于 2024-6-7 11:49:52
3931
0
0
At least some investors are betting that Nvidia will "fall back" to the ground as it is on the verge of hitting the "world stock king".
According to a report released by S3 Partners on Thursday, the size of open short bets on Nvidia has reached approximately $34 billion, almost equivalent to the sum of Apple and Tesla, which are ranked second in short positions.
According to S3 data, the current open short bet on Apple is about $19 billion, and the bet on Tesla is about $18 billion.
After several consecutive days of sharp gains, Nvidia's stock price closed down about 1.18% on Thursday, and plummeted nearly 6% from a record high during trading, giving back the second highest market value of global listed companies to Apple. However, despite this, Nvidia has risen more than 10% so far this week, and the "unlimited" demand for its high-end AI chips has caused Nvidia's stock price to soar 144% in 2024.
It is worth mentioning that even though the size of short positions may seem astonishing, according to LSEG data, the short bet on Nvidia is currently only equivalent to about 1% of its stock market value.
Stuart Kaiser, head of US stock trading strategy at Citigroup, said, "Nvidia's advantage is that it is one of the very few companies that can truly generate AI revenue. The higher the stock price, the greater the potential for revenue, and of course, the higher the risk. But so far, everything seems good."
According to industry insiders, from the perspective of forward P/E ratio and compound annual growth rate of revenue over the next three years, Nvidia's stock price is not yet overvalued among US technology stocks.
Mizuho Securities recently predicts that Nvidia currently controls 70% to 95% of the AI chip market used for training and deploying models such as OpenAI GPT. Nvidia's pricing power lies in its 78% gross profit margin, which is a very high number for a hardware company that must manufacture and deliver physical products.
New York University finance professor Aswath Damodaran said, "If you're going to design a perfect and dynamic company from scratch, Nvidia is such a company. This is a great story, a CEO who adheres to his ideals, and the overall market situation makes him feel at ease. I think what you're seeing is one of the greatest growth trends in history, right in front of you."
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Top 20 US stock transactions: Tesla surged 22% this week
- Tesla will further consolidate its advantages in the field of autonomous driving - Interview with Tesla Global Vice President Tao Lin
- Nvidia's new generation AI chip GB200 orders explode, H100 chip hits cold
- Will Tesla be kicked out of the 'Tech Seven'? Wall Street is reevaluating Netflix as a backup option!
- ParTec files patent infringement lawsuit against Nvidia in Munich
- Barclays raises Tesla target price from $220 to $235
- Tesla's domestic sales in China exceeded 40000 units in October, a year-on-year increase of 41%
- Nvidia's intraday market value surpasses Apple again, and the battle for the top spot in the US stock market is becoming increasingly fierce
- Tesla's domestic sales in October increased by 41% year-on-year
- Elon Musk responds to Tesla's decision to make phones: they can make them, but they won't unless Apple and Google do something wrong
-
【科技记者古尔曼:苹果计划于12月第一周发布iOS 18.2系统更新 带来更多人工智能功能】科技记者古尔曼透露,苹果计划于12月第一周发布iOS 18.2系统更新。iOS 18.2将为iPhone 15 Pro机型和所有iPhone 16机型带来更多 ...
- cristianna
- 昨天 17:32
- 支持
- 反对
- 回复
- 收藏
-
近日,爱立信中国区总裁方迎在接受《经济参考报》记者采访时表示,5G技术在全球范围内得到了迅速发展,但面临商业潜力未能充分挖掘、网络运营难度较以往更高两大挑战。因此,运营商在继续5G网络部署的同时,应关 ...
- blueskybb
- 昨天 15:05
- 支持
- 反对
- 回复
- 收藏
-
【特斯拉首次聘请了一位品牌大使】特斯拉近日公布了首位品牌大使韩国奥运射击选手金艺智,这一举动有些出人意料,毕竟它曾经对广告的态度十分不屑。 ...
- xyyg
- 昨天 13:34
- 支持
- 反对
- 回复
- 收藏
-
“新四化”的时代浪潮下,新能源汽车行业百家争鸣。伴随着自主品牌不断崛起,合资品牌当下的生存状况备受外界关注,如何打好电动化时代的突围战,成为合资品牌的新课题。 作为国内合资车企的代表之一,上汽 ...
- mbgg2797
- 半小时前
- 支持
- 反对
- 回复
- 收藏