The superhero of Wall Street?
Good morning friends
Green washes over Wall Street this morning after a monstrous report from Nvidia
Yes, simply monstrous
Nvidia not only completely crushed Wall Street's estimates in the report itself
It also provided monstrous guidance for the next quarter and for the coming years
With an operating profit margin of 73%, expected to rise to about 75%, the company is simply an unstoppable monster
Here are some amazing points from the report: Revenue of $57 billion versus an expectation of $55 billion..
Beat estimates by $2 billion, just a small amount
Revenue jumped by 62% year-over-year!!
Data center revenue today is $51 billion, growing by 66% year-over-year
Guidance for the next quarter: $65 billion...
Well above the estimate of 61.9
What else?
The Blackwell chip demonstrates 10x performance per megawatt!
All GPUs were completely sold, what is called 'sold out'
Supply commitments increased by 63%
Nvidia expects demand of $500 billion by the end of 2026; shipments have already begun..
Jensen Huang said he expects AI investments to reach $3-4 trillion by 2030
The CFO confirmed the guidance of half a trillion dollars in annual revenue
Now listen for a moment....
All of this...
Everything you read... everything..
This is without a single cent from China...
And in the early morning, news arrives that the White House wants to approve Nvidia's chip sales to China
That's it, we have nothing more to say...