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Nvidia Beats Handily. Is It Enough?
The fate of humanity hung in the balance on Wednesday afternoon in the US, where traders, ramblers and gamblers held their breath ahead of quarterly results from the "most important stock on planet Earth," as Goldman's Scott Rubner dubbed Nvidia.
The numbers topped estimates. Revenue of $22.1 billion was up 22% sequentially and a cartoonish 265% YoY. Consensus was looking for $20.41 billion. Recall that the original consensus for Q4 prior to the company's guide in November was $17.9 billion. Th
I think we have to believe Mr. Huang: “Demand [for AI] is surging worldwide across industries, companies and nations.” Until he and his amazing company disappoint, this a stock that is going higher.
Not a cloud in sight