Nvidia has 'space to grow:' What to see before profits

Wall Street is containing breathing as Nvidia (NVDA) Gears Up to inform your fourth quarter results on Wednesday. Despite its assessment, Patrick Moorhead, chief analyst Páramo ideasHe believes that the ai giant still has “a lot of space to grow.” It joined Thestreet to discuss what investors should see before the long -awaited Nvidia profit report.

Related: how Nvidia responds will be huge for S&P 500 this week

Complete video transcription below:

Conway Gittens: Alright. Tell me of Nvidia. Do you have to contain your breathing to NVIDIA's results on February 26?

Patrick Moorhead: I do not know, it is one of these actions that any breath or any rumor of something. I want to say, I think seven rumors of Blackwell delay that ended not to be precise. And we have Speekeek that is entering and showing risks. There was a bit of sale depending on the last day of Biden. Some of the rules about exports there. But I think Nvidia has many legs. Particularly because construction has to continue until it reaches AGI. And then we have to enable all the final points, all cars, all robotics, all PCs and everything that this Nvidia has a lot of space to grow.

I know that sounds incredible given its valuation, but they are not in many of these markets. And even moving from your series H to your series B, they not only sell chips, but they are selling complete racks, they are selling networks and are selling software. So, the amount of content for each of these solutions is increasing. And people not only replace a chip. And at least until now, AMD and Intel competition and others have not been able to bite Nvidia. And while Nvidia remains ahead, what I do not see for what they will not do, they could lose market share in a percentage, but the dollar value will simply continue to rise.