AI is ALIVE and WELL - NVDA (Patreon)
Published:
2024-02-21 22:53:27
Imported:
2024-02
Content
Another insane report from NVDA -
here are the key takeaways from the report presented as bullet points:
- Revenue was $22.1 billion (+265% Year-over-Year (YoY))
- Net income was $12.3 billion (+769% YoY)
- Operating income was $13.6 billion (+983% YoY)
- Gross margin was 76.0% (+1,270 basis points YoY)
- Data center revenue was $18.4 billion (+409% YoY)
- Gaming revenue was $2.9 billion (+56% YoY)
Forward Guidance:
- Expects Q1 '25 revenue of $23.5B-$24.5B
- Expects Q1 '25 gross margin of 76.3%
CRYPTO AI STOCKS are rallying
Tesla up a little bit in after hours
I still maintain, Tesla is the largest AI company on earth. Tesla will have their ChatGPT/AI moment soon like NVDA
Bots need to be seen doing productive work
FSD needs to be nailed (PS on FSD) it is 99.9% nailed on the streets of SF