NVIDIA discussion [2024]

[chris1515]

NVIDIA today reported revenue for the third quarter ended October 27, 2024, of $35.1 billion, up 17% from the previous quarter and up 94% from a year ago.

Data Center:
Third-quarter revenue was a record $30.8 billion, up 17% from the previous quarter and up 112% from a year ago.

Gaming:
Third-quarter Gaming revenue was $3.3 billion (the highest ever?), up 14% from the previous quarter and up 15% from a year ago.

Professional Visualization:
Third-quarter revenue was $486 million, up 7% from the previous quarter and up 17% from a year ago.

Automotive and Robotics:
Third-quarter Automotive revenue was $449 million, up 30% from the previous quarter and up 72% from a year ago.

Outlook:
NVIDIA’s outlook for the fourth quarter of fiscal 2025 is as follows: Revenue is expected to be $37.5 billion, plus or minus 2%.

NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

Record quarterly revenue of $35.1 billion, up 17% from Q2 and up 94% from a year agoRecord quarterly Data Center revenue of $30.8 billion, up 17% from Q2 and up 112% from a year ago SANTA ...

nvidianews.nvidia.com

19 billions of profit this is crazy

 

[Erinyes]

They beat all the estimates, and the market still wasn't happy as the stock was down a bit! I think more to do with QoQ growth slowing but that was bound to happen at some point.

 

[trinibwoy]

They beat all the estimates, and the market still wasn't happy as the stock was down a bit! I think more to do with QoQ growth slowing but that was bound to happen at some point.

Yes very much expected since all of that was already priced in. They would have to blow away estimates for any upward movement. It’ll dip a little then continue the steady climb just as it did for the past few earnings.

 

[nutball]

They beat all the estimates, and the market still wasn't happy as the stock was down a bit! I think more to do with QoQ growth slowing but that was bound to happen at some point.

Meh. Buy on the rumour, sell on the news.

Honestly the analysts who come out with the estimates and predictions are not dissimilar to pundits who predict the outcome of horse races. What they do isn't that hard, and if they really knew what they were doing they'd be day traders.

 

[DavidGraham]

NVIDIA's revenue from China is at a record high this quarter, owing to the selling of millions of H20 data center GPUs.

https://twitter.com/x/status/1859564609281327151