Nvidia (NVDA) reported better-than-expected second quarter results after the market close on Wednesday with forecast for the current quarter that also beat...
on Wednesday with forecast for the current quarter that also beat expectations. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion.Brian Sozzi
The headline here is still that NVIDIA is growing at spectacular rates in terms of being able to deliver, uh, data centre GP US.It goes back to the point I was making earlier, Which is my expectation is that next year we're gonna have, at the very least, very decelerating growth and possibly, at some point, revenue declines.
Very important point to that end going through some of these comments from CFO collect CREss, noting, uh, gross margins decrease primarily driven by inventory provisions for low yielding black warre material.As you look at some at some of these new chips hitting in the market, whether it's an a MD and even an intel, we have to mention Intel and NVIDIA.
If they If Google wanted to sell this externally, uh, and decided to go that path, they would be very competitive with NVIDIA.Uh, Amazon has a lot of experience with chips.That's much more of a threat to NVIDIA than any of the legacy chip companies or even the upstarts.People in Brazil’s Amazon are choking on smoke and feeling the heat from rainforest wildfires
The island is the windiest part of the UK, which means it will be rare for the turbines not to be spinning.
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