0NVDA.US Overview

Company Growth Potential: HORIZONROBOT-W has been identified as having high growth potential, with management raising revenue CAGR guidance from 50% to 60% following the launch of their HSD solution.

Market Positioning and Collaborations: The company is increasing its market share in urban NOA solutions and is set to pilot robotaxis, collaborating with global tier-1 suppliers to expand into overseas markets.

Target Price Adjustments: CMBI has adjusted its target price for HORIZONROBOT-W from $12.3 to $10, maintaining a "Buy" rating based on a projected 13x PS ratio for 2027.

Upcoming Product Launches: The company plans to launch the Agentic CAR cabin-driving fusion system chip this year, with mass production expected by the end of 2026, aligning with Qualcomm's product launch.

ByteDance's Collaboration: ByteDance is partnering with Aolani Cloud to deploy 500 Nvidia Blackwell computing systems in Malaysia, utilizing around 36,000 B200 chips to enhance computing power outside of China.

AI Development Focus: The initiative aims to bolster ByteDance's AI development capabilities to meet increasing customer demand, with hardware construction costs projected to exceed USD 2.5 billion.

Compliance Assurance: Aolani Cloud has confirmed its adherence to all relevant export control regulations while providing cloud computing services to clients in Asia and globally.

US Building Permits Update: In related news, US building permits for January were reported at 1.376 million, lower than the previous figure of 1.455 million and below the forecast of 1.41 million.

Collaboration Overview: Samsung Electronics is partnering with Nvidia to enhance the development of next-generation NAND flash memory chips.

AI System Development: The two companies are co-developing an AI system aimed at accelerating the R&D of ultra-low power NAND flash memory chips utilizing ferroelectric materials, which will impact the performance of AI chips.

Iran's Impact on Oil Prices: Iran's decision to continue closing the Strait of Hormuz has led to a surge in Brent crude prices, surpassing USD 100, while major US stock indices experienced significant declines.

Stock Market Performance: The DJIA fell by 739 points (1.6%), the Nasdaq dropped 404 points (1.8%), and the S&P 500 decreased by 103 points (1.5%), marking a trough for the year.

Sector Reactions: Airlines faced pressure due to rising oil prices, with American Airlines and United Airlines both dropping over 4%, while oil companies like Chevron and ExxonMobil saw gains.

Economic Indicators: The US core inflation rate for February was reported at 0.2%, and the unemployment rate rose to 4.4%, higher than previous values and forecasts.

NVIDIA's New Model: NVIDIA has launched the open-source model Nemotron 3 Super, which features 120 billion parameters optimized for high computational efficiency in complex applications like software development and network security.

Platform Support: The model currently supports Google Cloud and Oracle platforms, with plans to expand to Amazon's AWS and Microsoft's Azure in the future.

Market Performance: The US stock market showed mixed results, with the DJIA down 0.6%, the S&P 500 slightly dipping, and the Nasdaq gaining 19 points, amid news of the International Energy Agency's historic oil release and stable inflation data.

Retail Sales and Inflation: US retail sales for January increased to 3.2% year-over-year, while the inflation rate for February remained unchanged at 2.4%, aligning with market expectations.

Tesla and Apple Updates: Tesla reported a 91% year-over-year increase in sales of China-made electric vehicles, boosting its stock by 2.1%, while Apple's upcoming foldable-screen iPhone launch kept its stock nearly flat.

Oracle's Strong Performance: Oracle's stock surged 9% after exceeding earnings and revenue expectations for the third quarter and raising its revenue target for FY27.