Nvidia 🚨 Nvidia Smashes Records on AI Boom! 🚨
NASDAQ:NVDA delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution.
💻 Key Highlights:
Data Center: $30.8 billion (+112% YoY), driven by demand for advanced chips like “Blackwell.”
Gaming: $3.28 billion (+8% YoY), fueled by GPUs for PCs and consoles like the Nintendo Switch.
Automotive & Robotics: $449 million (+72% YoY), led by autonomous vehicle and robotics chips.
🎯 Nvidia by the Numbers:
Stock Performance in 2024: Nearly tripled.
AI Chips: Hopper and Blackwell models are in high demand, with sales expected to outpace supply into 2025.