Research archive for NVDA

Last week, Nvidia reported its fourth-quarter earnings that beat analysts' expectations and provided a strong outlook for this quarter thanks to massive demand. The chipmakers' revenues came in at $7.64 billion, up 53% year-on-year as Data Center sales rose by 71% and its core gaming business (50% of sales) showed no sign of slowing down.

On Wednesday night, Nvidia released their third-quarter numbers. The wait ahead of results from a stock that has been on a hot streak is always anxiety-inducing. Will the reported numbers match sky-high analyst expectations? So far this year, Nvidia shares are up 162%. It's touted as the next company to reach $1 trillion in market capitalisation (it's currently at $730 billion).

I was supposed to report to you on Nvidia's second-quarter results last month. Michael allocates each of us a list of companies to comment on each earnings season, and I dragged my heels, until now.

Here is some exciting news. One of our core holdings, Nvidia, announced yesterday that they will start making high-end server microprocessors. The new chips are named Grace after a pioneering computer scientist called Grace Hopper, and will be available at the beginning of 2023.

Nvidia reported results for the the last quarter of their financial year, and said that they were unable to meet demand for their products. That's a good problem to have, I suppose. That is what Nvidia experienced in the last quarter of their financial year. Results on Wednesday showed a whopping 61% growth in revenue thanks to a huge surge in gaming demand.

I have been very excited about Nvidia's potential when it comes to data centre infrastructure. Their GPU (graphics processing units) chips are really useful at accelerating heavy workloads often required in data centre processing. I have watched companies like Amazon, Microsoft and Google firing on all cylinders with their cloud businesses so it just made sense that this would knock on to Nvidia's GPU chips.

Nvidia is the market leader in artificial intelligence chips, and it reported third-quarter numbers on Thursday that blew past the street's expectations.

As has long been rumoured and now confirmed after GPU chipmaker Nvidia announced last night that they would pay $40 billion for CPU maker ARM. If the deal goes through, this will be the semiconductor industry's largest-ever deal. Nvidia will pay $23 billion in stock, $12 billion in cash, and then an additional $5 billion if ARM meets certain targets.

The easiest topic in the book to write about is Nvidia's fancy new GPU chips. For the uninitiated, GPU stands for graphics processing unit. It's time for the latest product update, and here you go!

On Wednesday evening after the market closed, Nvidia reported their latest numbers. The company beat both top-line and bottom-line expectations. They reported revenue of $3.9 billion, up 50% and Net Income of $1.3 billion, up 79%. Thanks to Nvidia's push into data centres through its purchase of Mellanox and Cumulus Networks, data centre revenue was up 167% for the year.

There was news out yesterday about one of our recommended holdings. Nvidia is teaming up with Mercedes-Benz to launch "software-defined vehicles", starting in 2024, based on Nvidia's end-to-end compute technology.

Nvidia started off predominantly as a gaming company. In recent times their data centre business has grown so fast its revenues are nearly as big as the gaming business. This Forbes article titled, Nvidia Aims to Change the Computing World With New A100 Line, suggests that the global data centre chip market could be as big as $15.64bn by 2025. That is more than double the 2017 number.

Nvidia is another Vestact-recommended stock holding that is currently trading at an all-time high, despite the Covid-19 pandemic. The company produces fancy computer chips that are used for high-end applications like gaming, robotics, automotive control systems and data-centres. These chips are commonly referred to as graphic processor units (GPUs).

On Monday Nvidia announced that they had acquired another company which specialises in data centres. You might remember that they closed a similar deal last month for Mellanox - a company who also specialises in data centres.

On Thursday night last week Nvidia released their fourth quarter and full year results. Sales grew 41% compared to this quarter last year, coming in at $3.11bn. This resulted in earnings jumping 66% to $1.53 per share. For the full year, revenues declined 7 percent to $10.92bn and earnings dropped 13% to $5.79 per share.