Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
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Core Scientific, Inc. (CORZ) Q4 2024 Earnings Call Transcript Summary
Raising 4 billion, with a valuation exceeding 35 billion, "NVIDIA's son" AI cloud provider Coreweave applies for IPO within a week.
NVIDIA's preference for CoreWeave has reached a level of ‘like one's own’—after receiving investment from NVIDIA, CoreWeave has become NVIDIA's direct cloud computing power supplier, and even Microsoft has to order cloud computing power from them. Analysts believe that CoreWeave's success helps NVIDIA diversify its operational risks and effectively balance potential competitors in the chip industry, Amazon and Google.
NVIDIA's Earnings Reports exceeded expectations but were disappointing? What exactly does Wall Street want to hear?
① NVIDIA's quarterly results exceeded Wall Street's expectations, but this did not alleviate concerns on Wall Street, leading to a slight downturn in U.S. stock trading; ② NVIDIA expects sales in the first fiscal quarter of 2025 to reach 43 billion dollars, surpassing the average analyst expectations, but some consider it quite conservative; ③ Analysts pointed out that it is becoming increasingly difficult for NVIDIA to impress the market with its performance, and the likelihood of significantly exceeding growth expectations is also decreasing.
NVIDIA Earnings Conference full transcript: DeepSeek is an outstanding innovation, and the computation demands brought by inference are immense.
During the earnings reports conference call, NVIDIA CEO Jensen Huang stated that AI is evolving from perception and generative AI to reasoning AI, and DeepSeek-R1 has ignited global enthusiasm, with the company excited about the potential demand brought by AI reasoning.