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2022-07-21

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Nio Might Be Reaching the End of the Tunnel. Here’s Why

2022-07-21

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NVIDIA, the CHIPS Act & the Pelosi Angle

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Here’s Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125300989","content_text":"Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of electric vehicle (EV) manufacturer Nio (NIO) have recently been on a roller coaster ride. On one hand, growth in deliveries is pushing up the stock; on the other hand, the global recession is punching down on the stock.Though shares now trade at a third of their all-time highs of $60, as seen early last year, they have recovered in the past two months from their 52-week lows of $11.67 and are now trading at around $20.The Good News for NIONIO shares took a downward spiral due to strict COVID-19 lockdowns in Shanghai. However, now, with the easing of the lockdown situation and the resulting resumption of production, shares have bounced back.For June, NIO reported a whopping 60% year-over-year jump in deliveries to 12,961. Further, sequentially, deliveries posted a record 84.5% growth compared to only 7,024 reported in May.Additionally, EV stocks got some push from the news that the Chinese government plans to support EV makers in China by providing subsidies and tax breaks.The Bad News for NIOEV stocks took a beating due to impending fears of a global recession as well as higher interest rates.Investors were concerned that Nio may be in need of additional capital like its peers, and may resort to stock offerings that could dilute the value of the shares.In late June, the stock took a massive hit after the release of a hostile report from Grizzly Research LLC, which accused the company of inflating its revenues and profits.In response, Nio stated that the report was misleading and inaccurate. Nio committed to creating an independent committee to investigate the concerns raised in the report.Analysts Are Bullish about NIOOverall, the stock has a Strong Buy consensus rating based on 10 unanimous Buys. The average Nio price target of $33.66 implies 66.63% upside potential from current levels.High Smart Score for NioNIO scores a 9 out of 10 on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.Concluding ThoughtsNio deliveries number in June shows that perhaps, the worst is behind the company with the resumption of production in Shanghai, which suffered due to the COVID-19 situation and the long period of lockdowns earlier this year.The Chinese government support could act as a strong catalyst for the EV maker, assuming NIO management is able to put recent investors’ concerns to rest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":686243746,"gmtCreate":1658371267387,"gmtModify":1704869755685,"author":{"id":"4105615005463330","authorId":"4105615005463330","name":"Nauzi08","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/686243746","repostId":"1163421484","repostType":4,"repost":{"id":"1163421484","pubTimestamp":1658368419,"share":"https://www.laohu8.com/m/news/1163421484?lang=&edition=full","pubTime":"2022-07-21 09:53","market":"us","language":"en","title":"NVIDIA, the CHIPS Act & the Pelosi Angle","url":"https://stock-news.laohu8.com/highlight/detail?id=1163421484","media":"TipRanks","summary":"Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now pass","content":"<div>\n<p>Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock....</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NVIDIA, the CHIPS Act & the Pelosi Angle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNVIDIA, the CHIPS Act & the Pelosi Angle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 09:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock....</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163421484","content_text":"Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock.So far this year, NVIDIA Corp. (NVDA) has seen its market capitalization eroded by nearly half. While the phase of long queues outside stores is over, the company is focused on innovation and the Street continues to view the stock favorably with a Strong Buy consensus rating and an average price target of $254.37, which implies a massive 57.98% potential upside.NVDA’s recent unveiling of the Quantum Optimized Device Architecture (QODA) aims to enable progress in quantum research and development and underscores its focus on innovation. Moreover, its new products—the H100 and Grace Superchips—promise to keep the company on a growth path in this notoriously cyclical industry.The Pelosi Angle on NVDAFor retail investors, there is no dearth of experts and pundits to follow on Wall Street. However, in the case of NVDA, House Speaker Nancy Pelosi is the newest pundit to follow for anyone interested.The U.S. Senate voted 64-34 on the CHIPS Act to earmark $52 billion to bolster local semiconductor production and provide tax credits for it. This vote also lays down a foundation for additional funds dedicated to technological research.Meanwhile, House Speaker Nancy Pelosi’s husband, Paul, exercised NVDA stock options worth millions ahead of the vote (on June 17).According to the Daily Caller News Foundation, there is also an app to exclusively track Paul Pelosi’s trading maneuvers, so users of the app can follow suit!While these options had an exercise price of $100, NVDA shares are now at the $160 level, which means the Pelosis are sitting on substantial gains. Upon the passage of the bill, these results could possibly be magnified.Edward Snowden too commented on the development via a tweet, “Ordinary Americans are hurting, but it looks like congress is doing just fine.”Meanwhile, the House Speaker has commented in the past that “the U.S. is a free market economy and lawmakers should also be able to take a part in it.”Hedge Funds Are Bullish about NVDABesides the Pelosis, hedge funds are also positive on NVDA. TipRanks data indicates hedge funds have lapped up 1.4 million NVDA shares in the last quarter. Significantly, Ray Dalio’s Bridgewater Associates has doubled down on the stock with a holding worth $16.35 million.Closing NoteIn the meantime, as the vote just concluded favorably, NVDA has seen its shares tick upwards from $142.7 on July 7 to $169.92 in yesterday’s post-market session. Additionally, the stock has a robust 41.95% return on equity and 46.81% assets growth over the past 12 months which despite market gyrations remain key positives for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":686241109,"gmtCreate":1658371368004,"gmtModify":1704869756383,"author":{"id":"4105615005463330","authorId":"4105615005463330","name":"Nauzi08","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Blush]&nbsp;","listText":"[Blush]&nbsp;","text":"[Blush]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/686241109","repostId":"1125300989","repostType":4,"repost":{"id":"1125300989","pubTimestamp":1658365394,"share":"https://www.laohu8.com/m/news/1125300989?lang=&edition=full","pubTime":"2022-07-21 09:03","market":"us","language":"en","title":"Nio Might Be Reaching the End of the Tunnel. Here’s Why","url":"https://stock-news.laohu8.com/highlight/detail?id=1125300989","media":"TipRanks","summary":"Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher ","content":"<div>\n<p>Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Might Be Reaching the End of the Tunnel. Here’s Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Might Be Reaching the End of the Tunnel. Here’s Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://www.tipranks.com/news/article/nio-might-be-reaching-the-end-of-the-tunnel-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125300989","content_text":"Story HighlightsNio shares have revived fromits52-week lows of $11.67 and have been trending higher with some volatility. Let’s take a look at what’s driving the stock price movements.Shares of electric vehicle (EV) manufacturer Nio (NIO) have recently been on a roller coaster ride. On one hand, growth in deliveries is pushing up the stock; on the other hand, the global recession is punching down on the stock.Though shares now trade at a third of their all-time highs of $60, as seen early last year, they have recovered in the past two months from their 52-week lows of $11.67 and are now trading at around $20.The Good News for NIONIO shares took a downward spiral due to strict COVID-19 lockdowns in Shanghai. However, now, with the easing of the lockdown situation and the resulting resumption of production, shares have bounced back.For June, NIO reported a whopping 60% year-over-year jump in deliveries to 12,961. Further, sequentially, deliveries posted a record 84.5% growth compared to only 7,024 reported in May.Additionally, EV stocks got some push from the news that the Chinese government plans to support EV makers in China by providing subsidies and tax breaks.The Bad News for NIOEV stocks took a beating due to impending fears of a global recession as well as higher interest rates.Investors were concerned that Nio may be in need of additional capital like its peers, and may resort to stock offerings that could dilute the value of the shares.In late June, the stock took a massive hit after the release of a hostile report from Grizzly Research LLC, which accused the company of inflating its revenues and profits.In response, Nio stated that the report was misleading and inaccurate. Nio committed to creating an independent committee to investigate the concerns raised in the report.Analysts Are Bullish about NIOOverall, the stock has a Strong Buy consensus rating based on 10 unanimous Buys. The average Nio price target of $33.66 implies 66.63% upside potential from current levels.High Smart Score for NioNIO scores a 9 out of 10 on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.Concluding ThoughtsNio deliveries number in June shows that perhaps, the worst is behind the company with the resumption of production in Shanghai, which suffered due to the COVID-19 situation and the long period of lockdowns earlier this year.The Chinese government support could act as a strong catalyst for the EV maker, assuming NIO management is able to put recent investors’ concerns to rest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":686243746,"gmtCreate":1658371267387,"gmtModify":1704869755685,"author":{"id":"4105615005463330","authorId":"4105615005463330","name":"Nauzi08","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/686243746","repostId":"1163421484","repostType":4,"repost":{"id":"1163421484","pubTimestamp":1658368419,"share":"https://www.laohu8.com/m/news/1163421484?lang=&edition=full","pubTime":"2022-07-21 09:53","market":"us","language":"en","title":"NVIDIA, the CHIPS Act & the Pelosi Angle","url":"https://stock-news.laohu8.com/highlight/detail?id=1163421484","media":"TipRanks","summary":"Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now pass","content":"<div>\n<p>Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock....</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NVIDIA, the CHIPS Act & the Pelosi Angle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNVIDIA, the CHIPS Act & the Pelosi Angle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 09:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock....</p>\n\n<a href=\"https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.tipranks.com/news/article/nvidia-chips-act-the-pelosi-angle/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163421484","content_text":"Story HighlightsNVIDIA shares are on the move, and just as senators were set to vote on the now passed $52 billion bill for the semiconductor industry, the house speaker, too, has jumped on the stock.So far this year, NVIDIA Corp. (NVDA) has seen its market capitalization eroded by nearly half. While the phase of long queues outside stores is over, the company is focused on innovation and the Street continues to view the stock favorably with a Strong Buy consensus rating and an average price target of $254.37, which implies a massive 57.98% potential upside.NVDA’s recent unveiling of the Quantum Optimized Device Architecture (QODA) aims to enable progress in quantum research and development and underscores its focus on innovation. Moreover, its new products—the H100 and Grace Superchips—promise to keep the company on a growth path in this notoriously cyclical industry.The Pelosi Angle on NVDAFor retail investors, there is no dearth of experts and pundits to follow on Wall Street. However, in the case of NVDA, House Speaker Nancy Pelosi is the newest pundit to follow for anyone interested.The U.S. Senate voted 64-34 on the CHIPS Act to earmark $52 billion to bolster local semiconductor production and provide tax credits for it. This vote also lays down a foundation for additional funds dedicated to technological research.Meanwhile, House Speaker Nancy Pelosi’s husband, Paul, exercised NVDA stock options worth millions ahead of the vote (on June 17).According to the Daily Caller News Foundation, there is also an app to exclusively track Paul Pelosi’s trading maneuvers, so users of the app can follow suit!While these options had an exercise price of $100, NVDA shares are now at the $160 level, which means the Pelosis are sitting on substantial gains. Upon the passage of the bill, these results could possibly be magnified.Edward Snowden too commented on the development via a tweet, “Ordinary Americans are hurting, but it looks like congress is doing just fine.”Meanwhile, the House Speaker has commented in the past that “the U.S. is a free market economy and lawmakers should also be able to take a part in it.”Hedge Funds Are Bullish about NVDABesides the Pelosis, hedge funds are also positive on NVDA. TipRanks data indicates hedge funds have lapped up 1.4 million NVDA shares in the last quarter. Significantly, Ray Dalio’s Bridgewater Associates has doubled down on the stock with a holding worth $16.35 million.Closing NoteIn the meantime, as the vote just concluded favorably, NVDA has seen its shares tick upwards from $142.7 on July 7 to $169.92 in yesterday’s post-market session. Additionally, the stock has a robust 41.95% return on equity and 46.81% assets growth over the past 12 months which despite market gyrations remain key positives for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}