Dan Ives Says Nvidia Price Hike Shows Supply Constraints, Not Weak Demand

Analyst
โดย GuruFocus·US·Read original
Summary · why it matters

Dan Ives says Nvidia's roughly 15% price increase on AI server systems is not a demand warning but another sign that AI infrastructure remains severely supply constrained. He told Bloomberg Television that demand and supply for chips is upwards of 15 to one, with the current memory shortage forcing Nvidia and others to pass rising component costs through the supply chain. Ives expects the memory super cycle to keep the industry from reaching meaningful supply-demand equilibrium until the middle or latter part of 2028. Microsoft, Alphabet and Oracle are reportedly among customers facing higher data-center system costs as memory prices rise, yet Ives sees little evidence that those costs are causing customers to retreat. He described the AI buildout as still being in the third inning, with enterprise adoption accelerating rather than slowing, and expects hyperscalers to continue raising capital and increasing capital expenditures.

Impact on stocks 4

Artificial Intelligence± Mixed · 3 stocks
NVIDIA Corporation
NVDA
▲ PositivePricingrelevance

Nvidia's 15% price increase on AI server systems reflects supply constraints, boosting revenue.

Alphabet Inc Class C
GOOG
▼ NegativeSupplyrelevance

Alphabet faces higher data-center system costs due to memory price increases.

Microsoft Corporation
MSFT
▼ NegativeSupplyrelevance

Microsoft faces higher data-center system costs due to memory price increases.

Cloud & Digital Infrastructure▼ · 1 stocks
Oracle Corporation
ORCL
▼ NegativeSupplyrelevance

Oracle faces higher data-center system costs due to memory price increases.

Theme Impact 7

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