The investor concerns Nvidia will face post-earnings

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Nvidia News

Quarter Earnings Report,Top And Bottom,Colette Kress

Nvidia (NVDA) released its second quarter earnings report which beat expectations on the top and bottom line, with a forecast for the current quarter that...

which beat expectations on the top and bottom line, with a 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.

Their revenue growth is still spectacular and their, their ability to deliver incremental supply even at these huge rates in a timely way is incredibly impressive. They tried to move to a one year cycle, maybe that was a little too aggressive, but there's not enough good products from competitors at the supply level that can take away business from NVIDIA just because Black a little delayed.

They know they, they're gonna buy as many GP US as they can this year, but there will be a quarter, six months from now, nine months from now where they probably step back and say, you know, we have enough.This is more gamesmanship to make sure that we have uh enough of a lead in the arms race.

 

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