Earlier this month, was the first year-over-year comparison to the earnings report,which earnings conference call that delivered the incredible "Nvidia moment"
The trend is actually clear: Adding billions of dollars of revenue growth each quarter, and beating what has proven to be conservative guidance. when CEO Jensen Huang shocked the world by declaring "the beginning of a major technology revolution," while forecasting billions of dollars of quarterly revenue growth.
For this most recent quarter, which report says, they have guided to do $24 billion in revenue. it is a tremendous quadrupling of revenue since the fourth quarter of 2023.
Based on the earnings reports from various renowed Tech giants for the past two weeks,actually indicated that Microsoft, Google and Meta (alone) spent north of $32 billion last quarter on investment in tremendous computing capacity. And they bought as many Nvidia GPUs as Nvidia could supply. Expect another "better than guidance" number. And based on the pre-orders of Nvidia's new Blackwell chip, the guidance should continue to rise.
Not only have revenues however,the trajectory of Nvidia's valuation, taking end of reporting quarter price over the annual earnings run rate, PotentiallyQuadrupled over five quarters, but the profitability of each dollar of revenue has doubled over the same period.
Net income margins have doubled over five quarters.That's economies of scale at work and internal efficiencies gained from the unstoppable trending Generative AI related surge in growth.
This was an explicit devaluation of cash
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