NVDA also has an 11Bn auto pipeline over the next 5 years My revenue estimates for the next 2 years are as under. The introduction of Hopper, besides additional revenues from its Mellanox acquisition will also contribute to revenues NVIDIA's CUDA software is a big competitive advantage and allows it to price its hardware much higher than competitors. The long term growth story is still intact owning this stock for the next 3-5 years will pay off very well.ĭata Data growth will remain strong - Data center overtook gaming for the 1st time in 2022 and should grow 53% YoY to $16.3Bn for FY Jan 2023, as Gaming drops 38% to $7.8Bn.Īs NVIDA clears out its bloated gaming inventory over the next 2 quarters, I except decent in gaming as well in FY 24 and FY 25, especially on what is now a lower base.
As a result, NVDA's FY Jan 2023 EPS will be closer to $3.5, a huge drop over FY 2022. 3) Gaming inventory will take at least 2-3 quarters to clear. ($120 to $150) 1)The lack of Ethereum mining pounds GPU's used for mining - that market is gone 2) A crypto winter ensures used GPU cards being returned to the market, which will lead to sinking ASP's. These are the negatives that will create an opportunity to buy on declines. I still believe in the long term $NVDA story.
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