$NVDA 0️⃣
🔎 A few interesting updates:
1) Nvidia's CEO, Jensen Huang, recently halted his "automatic stock sale plan" of 120,000 shares per day. 🤚
*The last time this happened, $NVDA reached an all-time high a few months later! 👀 (I've attached a picture for you)
2) SoftBank Group encountered a problem with its plans to produce an AI chip with Intel that could have competed with $NVDA. 🔄
Reportedly, SoftBank's negotiations with Intel collapsed due to Intel's failure to meet SoftBank's production requirements. 👀
SoftBank relied on Intel's production capacity, along with chip designs from its subsidiary Arm and its recent acquisition, Graphcore, to develop a competitive AI chip – which ultimately did not succeed. 📉 (Not bad for Nvidia 😉)
And speaking of Nvidia, I want to remind you that we are exactly just 10 days before Nvidia's Q2 earnings release. ⌛️
(An idea crossing my mind... maybe that's why the CEO halted his automatic stock sale plan? 👀)
Back to the reports -
Let's dive into the past for a moment - 🌞
We've summarized Nvidia's revenue and net income for Q2 in every second quarter over the past 10 years -
Revenue: 2014: $1.1B 2015: $1.2B 2016: $1.4B 2017: $2.2B 2018: $3.1B 2019: $2.6B 2020: $3.9B 2021: $6.5B 2022: $6.7B 2023: $13.5B • 2024: Wait for August 28! 🙂
Net income: 2014: 128M 2015: 26M 2016: $261M 2017: $583M 2018: $1.1B 2019: 522M 2020: 622M 2021: $2.4B 2022: 656M 2023: $6.2B • 2024: Wait for August 28! 🙂
Note an interesting fact - 🔎
ChatGPT was released in 2022 - Nvidia - doubled its revenue in the last two years! 📈
• Will they double again now...? 👀
There's no doubt there's a lot of tension surrounding the report to be released in exactly 10 days - I'm eagerly awaiting it with you! ⚡️