Discussion

• @economyapp @economyapp on x

  $NVDA NVIDIA Q3 FY24. Quarter ending October 2023. • Revenue +34% Q/Q to $18.1B ($2.0B beat). • Gross margin 74% (+4pp Q/Q). • Operating margin 57% (+7pp Q/Q). • Non-GAAP EPS $4.02 ($0.63 beat). Q4 FY24 guidance: • Revenue ~$20.0B ($2.2B beat). [image]

• @jimcramer Jim Cramer on x

  Nvidia can and will prosper without China. it's just easier with than without

• @news_by_nick Nicholas Brown on x

  Nvidia $NVDA said the word “AI” 159 times last night on its conference call (and that includes Q&A as well).

• @benbajarin Ben Bajarin on x

  I still find it amazing there were $NVDA doubters (conspiracy theorists). But, its earnings today should solidify that growth is believable and sustainable. As long as we are in an AI training demand cycle, @Nvidia remains dominant. Once the compute cycle moves to inference,...

• @ericjhonsa Eric Jhonsa on x

  Strong FQ4 guide from $NVDA (~$20B vs. a $17.8B consensus), even as they guide for Chinese sales to drop significantly Q/Q. CFO commentary: “Our sales to China and other affected destinations, derived from products that are now subject to licensing requirements, have... [image]

• @munster_gene Gene Munster on x

  CFO Colette Kress say's guidance for Jan would have been higher if not for the China regulation headwind. This takeaway was expected when they mentioned the big step down this quarter in China.

• @divestech Dan Ives on x

  The Godfather of AI Jensen and Nvidia does it again 🔥🐂🏆 [image]

• @stephentotilo Stephen Totilo on x

  Nvidia's year-on-year operating income from Aug-Oct was $11.5 billion—more than 6 times higher than the same quarter a year ago. Company is doing well during the AI boom, you might say. (Gaming revenue is also up) [image]

• @morningbrew @morningbrew on x

  Nvidia— Yesterday: Hits all-time high at $504.40 Today: Beats Q3 Rev estimates by $2 billion The train rolls on. [image]

• @mattlynley Matthew Lynley on x

  Looks like this quarter's point goes to the chip-shortage-ends-next-year crowd.

• @rihardjarc Rihard Jarc on x

  $NVDA dropping a bomb; $18.12B in revenue and almost 10B in net income in one quarter.

• @munster_gene Gene Munster on x

  Jensen says “absolutely believes datacenter can grow through 2025” believes that is in part because of supply constraints easing in the months to come along with a growth into enterprise with off the shelf AI and the systematic shift to investment in AI.

• @htsfhickey Fred Hickey on x

  “Nvidia earnings crush Wall St. estimates again.” Guided next qtr. higher too - & I couldn't be happier as I know NVDA is establishing comparisons inflated by double-ordering, hoarding & chip speculating that won't be matched next year. Another boom & bust https://finance.yahoo.c…

• @martijnrasser Martijn Rasser on x

  Nvidia says growth elsewhere will outweigh drop in China sales. Same story for pretty much every other company in the semi industry. Sound economic statecraft means that you can achieve your national security goals w/o hindering competitiveness. https://www.ft.com/... via @ft

• @jimpethokoukis James Pethokoukis on x

  Nvidia added that any lost sales to China “will be more than offset” by strong growth in its other markets. The company still managed to project $20 billion in revenue for the January quarter, up a whopping 231% from the same period last year https://www.wsj.com/...

• @donal888 Don Clark on x

  Nvidia CFO, on export restrictions to China and some other hot spots: “We expect that our sales to these destinations will decline significantly in the fourth quarter of fiscal 2024, though we believe the decline will be more than offset by strong growth in other regions.”

• @ryanshrout Ryan Shrout on x

  The fact that NVIDIA is still projecting $2B more revenue ($20B vs $18B) than the street average expectation WITH these new China restrictions is jaw dropping. How much more revenue COULD have NVIDIA been able to drive without those export controls in place??