Nvidia too much money, how about buying an IBM? -Nvidia,IBM-IT news
NVIDIA in the graphics market in these two years of wind and water, Maxwell, Pascal graphics performance, low power consumption, was welcomed by the market. Product does not worry the market behind NVIDIA performance is also flourishing, does not say what the video card market share such as fame, NVIDIA's share price this year from more than 20 US dollars has risen to more than 60 dollars, cash on hand reached $ 4.9 billion, the money what flowers? Some analysts have begun to NVIDIA tips--buy IBM Power processor!
First for said NVIDIA what more rich--as this year July 31, NVIDIA Dang quarter has of cash and the equivalent real about for 4.9 billion dollars,--than up Apple company more than 200 billion of cash for not is what, but both of scale also completely different Ah, NVIDIA a years revenue also but more than 5 billion, these cash relative for is a pen money has, almost accounted for to NVIDIA total market of 15% has.
Most importantly, NVIDIA performance also on the rise, the Q3 quarter forecast was $ 1.68 billion, compared with Q2 Quarterly continue to rise 28%, gross margin was 57.8%, much higher than the AMD product gross margins of 30+%. According to this estimate, NVIDIA's easily more than $ 5 billion in cash this quarter.
This many years ago how should I spend it? The semiconductor industry for two years popular acquisition integration through the winter comes, everyone used to hold together for warmth, Intel had $ 16.7 billion takeover of Altera, Anwar high 37 billion acquisition of the Broadcom and other smaller semiconductor acquisition even more, these vendors through acquisition integration complement your weaknesses, and open up new markets.
Japan Nomura Securities analyst Romit Shah recently NVIDIA price target was raised to $ 62.5, giving buy ratings, he gave NVIDIA a large amount of cash that the direction – to buy other semiconductor companies, but he did not think that Xilinx, Cavium FPGA chip company is NVIDIA's goal, and IBM Power processor business is meaningful for NVIDIA--NVIDIA has powerful GPU capabilities, But there has been lack of high performance CPU.
NVIDIA has been with IBM "OpenPower" on Alliance cooperation, but Shah thinks buying Power will help NVIDIA processor after further in machine learning.
PS: just above analysts ' view, NVIDIA officials at present there is no response. Although acquisition of Power processor business can actually strengthen the NVIDIA's CPU business, both CPU and GPU in the future is indeed very important, especially in the data center market. But IBM Power processor remains very important, IBM mainframes still rely on their own Power processor, NVIDIA a mere $ 5 billion to buy IBM's core business?
Nvidia钱太多，买个IBM怎么样？ - Nvidia,IBM - IT资讯
这两年NVIDIA在显卡市场活的风生水起，Maxwell、Pascal显卡性能强、功耗低，颇受市场欢迎。产品不愁销路的背后，NVIDIA业绩也是蒸蒸日上，不说什么显卡市场份额之类的虚名，NVIDIA股价这一年多来也从20多美元涨到了60多美元，手头的现金流也达到了49亿美元，这些钱该怎么花呢？有些分析师已经开始为NVIDIA支招了——把IBM Power处理器买下来吧！
先来说说NVIDIA到底多有钱——截至今年7月31日，NVIDIA当季拥有的现金及等值物约为49亿美元，——比起苹果公司2000多亿的现金来说不算啥，但双方的规模也完全不同啊，NVIDIA一年营收也不过50多亿，这些现金相对来说也是一笔巨款了，差不多占到NVIDIA总市值的15%了。
更重要的是，NVIDIA业绩还在上涨，该公司对Q3季度的预测是16.8亿美元，相比Q2季度继续上涨了28%，毛利率为57.8%，远高于AMD产品30+%的毛利率水平。照此估计，NVIDIA这个季度的现金就轻松超过50亿美元。
这多年前到底应该怎么花呢？这两年来半导体行业流行收购整合，在寒冬来临时大家习惯抱团取暖，Intel 167亿美元收购了Altera，安华高370亿收购了博通，其他规模小一些的半导体收购案就更多了，这些厂商通过收购整合补充自己的劣势，开拓新的市场。
日本野村证券分析师Romit Shah日前上调了NVIDIA的目标股价到62.5美元，给予买入评级，他还给NVIDIA巨额现金指出了方向——收购其他半导体公司，不过他不认为赛灵思、Cavium等FPGA芯片公司是NVIDIA的目标，而IBM的Power处理器业务对NVIDIA来说很有意义——NVIDIA拥有强大的GPU能力，但一直缺少高性能CPU。
NVIDIA目前已经跟IBM在“OpenPower”联盟上合作了，不过Shah认为收购Power处理器之后将有助于NVIDIA在机器学习上更进一步。
PS：以上只是分析师的看法，NVIDIA官方目前对此没有回应。虽然说收购Power处理器业务确实能加强NVIDIA的CPU业务，在未来同时具备CPU和GPU能力确实很重要，特别是在数据中心市场上。不过Power处理器对IBM依然非常重要，IBM大型机还是靠自家Power处理器，NVIDIA区区50亿美金就能买走IBM核心业务吗？