News Formal

Nvidia's earnings report shows the problem of being priced for perfection

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Nvidia topped Wall Street estimates across the board in its earnings report on Wednesday, though its gross margin showed slight slippage.

Nvidia reported better-than-expected results on Wednesday and issued optimistic revenue guidance, but the gross margin showed slight slippage.sailing past estimates

Rasgon, who recommends buying shares of the chipmaker, said there are no indications that demand is waning for Nvidia's graphics processing units , the core infrastructure for developing and running AI models.Breaks in main water pipeline for Grand Canyon prompt shutdown of overnight hotel stays Other than missing the"whisper" numbers, some investors may be looking at Nvidia's gross margin, which slipped a bit in the quarter to 75.1% from 78.4% in the prior period. That's up from 43.5% two years ago and 70.1% in the fiscal second quarter of last year.

Huang also said that next-generation AI models would require"10, 20, 40 times" more computing power, echoing comments recently made by

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 319. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Nvidia's earnings beat Wall Street's estimates as AI momentum continuesNvidia's second-quarter earnings beat Wall Street analysts' expectations, with total sales and revenue from data centers coming in ahead of estimates amid strong demand for AI chips.
Källa: FoxBusiness - 🏆 458. / 53 Läs mer »

S&P 500 futures rise marginally as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Nvidia may find it hard to impress Wall Street with earnings bar raised so highInvestors have come to believe that beats and raises are part of the DNA for Jensen Huang's company.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »