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105064270 Private ID: 105064270
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    $NVIDIA (NVDA.US)$ Monday till Wednesday is A.I. Summit. Nvidia shall be +ve
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    $NVIDIA (NVDA.US)$
    Nvidia's Q2 earnings report was impressive, with revenue soaring 122% to $30.04 billion and EPS reporting $0.68, both surpassing analyst expectations ($28.73 billion & $0.64). The increase in gross margin by 4.5 percentage points to 75.7% compared to the same period last year was driven by the surge in data center revenue. Despite the optimistic revenue outlook for Q3 provided by Nvidia, which exceeded market consensus, the stock still fell by approximately -7% after announcing a $50 billion share buyback program.

    All departments in Q2 showed year-on-year and quarter-on-quarter growth. The data center, which has the highest proportion, surged 154% to $26.27 billion, surpassing analyst expectations of $25.24 billion. Currently, the data center department accounts for a historical high of 87% of total revenue. The gaming department, the second largest, grew 16% to $2.88 billion, outperforming the market consensus of $2.7 billion. It has achieved year-on-year growth for five consecutive quarters. The automotive department saw a 37% increase, slightly exceeding market expectations.

    👉 CEO Huang Renxun said that the demand for Hopper architecture chips is still strong, and the market's expectations for the Blackwell series chips are incredible. Currently, NVIDIA has already sent samples of Blackwell chips to customers and plans to start mass production in Q4 as scheduled.
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