The Futuresmarkt points to an opening of 930 points for the AEX. This means that the course remains practically unchanged compared to yesterday’s closing price. However, today it promises to be a crucial day at the stock exchange, because Nvidia publishes his quarterly figures after the Gong.
Crucial day before the stock exchange
Nvidia wore the fair with fantastic results for a while. That even went so far that certain analysts dared to say that Nvidia was “the stock market.” With which they want to say that maintaining the rises was almost completely on the shoulders of the chip giant.
In the meantime, that sentiment seems to have disappeared a bit, but that does not mean that Nvidia remains a very important one. At the moment the focus is of course on Donald Trump and his trade war.
In particular if the results of Nvidia are disappointing, that could cause problems on the stock market.
Some analysts expect Nvidia to report higher turnover and profit, driven by the strong demand for his Blackwell chips.
Investors will want to see if Nvidia can retain its growth rate in an uncertain geopolitical environment and tense trade relationships with China, according to analysts of Wedbush. They add that new AI investments in the Middle East may be able to fill the gap that is caused by the uncertainty surrounding China in the short term.
Strong Tuesday for chip industry
Shares of South Korean chip producers rose on Wednesday, following their American sectorsmates, in the run-up to the quarterly figures of AI-chip giant Nvidia.
Both Samsung Electronics and SK Hynix-the two largest listed companies in South Korea-achieved considerable profits. Samsung, the world’s largest producer of memory chips, rose to 4.1%. SK Hynix, an important supplier of advanced HBM memory modules to Nvidia, climbed to 3.5%.
The profit parties raised the Kospi index 1.9%, to the highest intradagn level of this year. The increase reflected optimism on Wall Street, where the Nasdaq won 2.1% on Tuesday and the Philadelphia Semiconductor Index even ditched 3.4% higher. Nvidia led the rally with a price jump of more than 3%, in anticipation of the figures that are expected later today.
Today we will see if the increases can be continued. That could also be very important for the AEX.
Source: https://newsbit.nl/aex-vlak-in-aanloop-naar-cruciale-beursdag/
