techspot Nvidia revenue up 262% year-over-year

[UltraMega]

  Quote

GAAP earnings per diluted share were $5.98, a jump of 21 percent from the last quarter and 629 percent from last year. The growth in non-GAAP earnings was even more impressive, with the company reporting earnings per diluted share of $6.12, up 19 percent sequentially and 461 percent year-on-year. These numbers exceeded analyst expectations, as Wall Street had anticipated adjusted EPS of $5.65 on revenue of $24.69 billion.

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https://www.techspot.com/news/103121-nvidia-reports-record-revenue-amid-global-ai-boom.html

 

 

Good news for anyone with Nvidia stock. 

[ENTERPRISE]

Highly unsurprising. Even without AI being the largest contributor, they have the market in a stranglehold with their consumer GPU both gaming and Pro. 

 

This video is very apt....  

 

 

 

 

 

 

[schuck6566]

'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up

FINANCE.YAHOO.COM

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Nvidia's quarterly results blew away estimates again on Wednesday, and as the company moves to its next-generation chips its CEO sees...

"Huang added that demand for both platforms will outstrip supply well into next year, with the complexity of these chips also challenging the company's efforts to keep pace."

And I'm sure we can depend on Nvidia to keep the supply less than the demand to KEEP the price astronomically high.....

[Snakecharmed]

If I had the guts (or the recklessness, take your pick) to invest 10x what I already have invested in them, I'd be retired by now. As a Millennial.

 

There was never a realistic scenario in which I would have done that though. At most I might have put in double.

Edited May 24, 2024 by Snakecharmed

[bonami2]

Getting worse it seem nvidia ways too big  10k 5090 incoming

 

NVIDIA Is Now Bigger Than The Capitalization Of The Entire German Stock Market, The GDPs Of Canada And Russia

 

 

NVIDIA Is Now Bigger Than The Capitalization Of The Entire German Stock Market, The GDPs Of Canada And Russia

WCCFTECH.COM

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As investors digest the scale of the oncoming AI-related tailwind, NVIDIA is breaking financial records left, right, and center. 

 

Edited May 26, 2024 by bonami2

[Avacado]

Well, they just announced a 10 to 1 split. 

[UltraMega]

Definitely a good day for Nvidia.