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Nvida Presents on Monday, March 18

Nvida $NVDA will present at the GPU Technology Conference on March 18 (Monday). Expectations include:

  • Update on Mellanox acquisition and how it will fit in the datacenter growth plans
  • Possible GPU announcement on a mid-range GPU release
  • Update on RTX technology uptake, especially when consumers are not paying for upgrading and opting instead for cheaper, GTX cards.

$NVDA, NVIDIA CORP / H1

Nvidia rallied from $150 to $169.81 ahead of the conference.

PT $185(~10% upside)

Per https://simplywall.st/stocks/us/semiconductors/nasdaq-nvda/nvidia, the stock is trading above fair value of $149.

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