RE:RE:Could NVIDIA hit $200 before the end of 2024! Marf49, I think this was a very decent quarter of up 15% from the previous quarter and up 122% from a year ago. You don’t get to much other stocks doing this!
Results as follows:
Expected
NVIDIA Corp., Q2 Earnings Calls: EPS (USD) $0.64 Expected; Revenue (USD) $28.71 Billion Expected.
Actual
NVIDIA Corp., Q2 Earnings: EPS (USD) $0.67 Actual; Revenue (USD) $30.04 Billion.
Comments made:
“Hopper demand remains strong, and the anticipation for Blackwell is incredible,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI.”
“Blackwell samples are shipping to our partners and customers. Spectrum-X Ethernet for AI and NVIDIA AI Enterprise software are two new product categories achieving significant scale, demonstrating that NVIDIA is a full-stack and data center-scale platform. Across the entire stack and ecosystem, we are helping frontier model makers to consumer internet services, and now enterprises. Generative AI will revolutionize every industry.”
I see this as good news!