In today’s briefing:
- ECM Weekly (20th Nov 2022) – I-Tail, Growatt, Lygend, SinoHytech, Meituan/Tencent, Olympus, Paytm
- NVIDIA Corp: New Product Launches & Other Drivers
ECM Weekly (20th Nov 2022) – I-Tail, Growatt, Lygend, SinoHytech, Meituan/Tencent, Olympus, Paytm
- Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
- On the IPO front, Indian IPOs delivered some decent performance while HK IPOs are likely to pick up as well.
- There were a number of placement and blocks this week, after the expiry of lockups in a few Indian names.
NVIDIA Corp: New Product Launches & Other Drivers
- NVIDIA Corp delivered a mixed performance as the company’s revenues exceeded the analyst consensus estimate.
- However, its earnings were below par given the persistent supply chain interruptions, increased export bans, and macroeconomic challenges.
- Leading U.S. cloud providers and a growing number of consumer Internet companies were the main drivers of year-over-year increases for workloads like big language models, recommendation systems, and generative AI.
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