Nvidia Isn’t Offering Guidance for the Full Fiscal Year

After Nvidia shares rallied Wednesday on the company’s upbeat first-quarter results, the chip giant followed rival Intel’s lead by painting a hazy picture of the data center market.

The fuzziness apparently was so bad, the company opted not to offer a full-year guidance, even as CEO Jensen Huang declared that the spending “pause” that has hit other chip-makers “will pass.”

Nvidia’s stock, which jumped after the report, slid as Huang and CFO Colette Kress offered more color on the quarter. The stock was still up about 1% after-hours, after popping more than 5% in the immediate aftermath of the report.

Read the full article here.

previous post Back to Articles next post

24 Jan 2022

Tailwind Capital Sells AST Corp. to Recognize Partners

Financial Information ($USD) Not Disclosed  Transaction Details Tailwind Capital today announced it has completed its sale of AST Corporation to Recognize Partners, a technology services focused investment platform. Financial information was not disclosed. AST, a leading cloud and digital transformation solutions provider, simultaneously announced the deal, categorizing it as a strategic investment by Recognize to enable AST to accelerate investment in innovation,...

03 Jan 2022

Office Depot Sells CompuCom Systems

 Financial Information ($USD) Transaction Value: ~ $305 million Enterprise Value: $1.72 billion EV/LTM Revenue: 0.19x EV/LTM EBITDA: 3.85x  Transaction Details The ODP Corporation (NASDAQ: ODP) announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million. The transaction consideration of up to $305 million consists...

29 Dec 2021

Happy Holidays – The 2021 martinwolf Annual Letter

Dear Clients, Partners, and Friends of martinwolf M&A Advisors,   I hope you all are having an enjoyable holiday season with family and friends.   It’s been my tradition in this annual end-of-year letter to spend time reflecting on the past year, and to look forward to what the next year holds for us. We have plenty...