Absolutely incredible results from NVIDIA. Jensen's vision has finally paid off for them. Gross Margin up 26.6pts Y/Y Net Income up 843% Y/Y Datacenter Revenue up 171% Y/Y (10.32B$) Gaming Revenue...
Absolutely incredible results from NVIDIA. Jensen's vision has finally paid off for them.
Gross Margin up 26.6pts Y/Y
Net Income up 843% Y/Y
Datacenter Revenue up 171% Y/Y (10.32B$)
Gaming Revenue up 22% Y/Y (2.49B$)
Automotive Revenue up 15% Y/Y (253M$)
The gulf between Datacenter and Gaming shocked me. I remember - not so long ago - that Gaming was their most profitable division. Now Datacenter has skyrocketed.
Their guidance for Q3 is 16B$ and +1.4pt margin, so the increased demand will probably persist for a while. From what I hear, NVIDIA can't actually keep the H100 in stock as the supply is...
Their guidance for Q3 is 16B$ and +1.4pt margin, so the increased demand will probably persist for a while. From what I hear, NVIDIA can't actually keep the H100 in stock as the supply is bottlenecked by CoWoS.
I think the gulf between Gaming and Datacenter will only widen as Blackwell will release 1H24, well before Ada-Next.
Yeah, the cloud providers are definitely limited by supply rather than capital here - getting access to A100s or H100s has been a bit of an art form the last few months, and I have no doubt NVIDIA...
Yeah, the cloud providers are definitely limited by supply rather than capital here - getting access to A100s or H100s has been a bit of an art form the last few months, and I have no doubt NVIDIA would be more than happy to take a few hundred million dollars more from them if they could.
CUDA being feature complete and having libraries & frameworks optimized and immediately deploy-able for it is all the difference. I don't like much of their business practices for their gaming GPU...
CUDA being feature complete and having libraries & frameworks optimized and immediately deploy-able for it is all the difference. I don't like much of their business practices for their gaming GPU division, but their engineering and HPC teams are world class and have been awesome to work with / use as an someone who writes scientific computing code on the GPU.
Interesting, good for them. A the same moment I wonder how much tax did they pay to the governments. [edit] Six Months Ended Income before income tax 9,190 Income tax expense (benefit) 958 10%?...
Interesting, good for them.
A the same moment I wonder how much tax did they pay to the governments.
[edit]
Six Months Ended
Income before income tax
9,190
Income tax expense (benefit)
958
Absolutely incredible results from NVIDIA. Jensen's vision has finally paid off for them.
Gross Margin up 26.6pts Y/Y
Net Income up 843% Y/Y
Datacenter Revenue up 171% Y/Y (10.32B$)
Gaming Revenue up 22% Y/Y (2.49B$)
Automotive Revenue up 15% Y/Y (253M$)
The gulf between Datacenter and Gaming shocked me. I remember - not so long ago - that Gaming was their most profitable division. Now Datacenter has skyrocketed.
AI bubble?
I don't actually think it's a bubble, just a super increase to get in on the ground floor.
Their guidance for Q3 is 16B$ and +1.4pt margin, so the increased demand will probably persist for a while. From what I hear, NVIDIA can't actually keep the H100 in stock as the supply is bottlenecked by CoWoS.
I think the gulf between Gaming and Datacenter will only widen as Blackwell will release 1H24, well before Ada-Next.
Yeah, the cloud providers are definitely limited by supply rather than capital here - getting access to A100s or H100s has been a bit of an art form the last few months, and I have no doubt NVIDIA would be more than happy to take a few hundred million dollars more from them if they could.
CUDA being feature complete and having libraries & frameworks optimized and immediately deploy-able for it is all the difference. I don't like much of their business practices for their gaming GPU division, but their engineering and HPC teams are world class and have been awesome to work with / use as an someone who writes scientific computing code on the GPU.
Interesting, good for them.
A the same moment I wonder how much tax did they pay to the governments.
[edit]
Six Months Ended
Income before income tax
9,190
Income tax expense (benefit)
958
10%? Tax the rich, or how it was...?
It's so rare for an established corporation like this to see this kind of growth. Amazing results.