NVIDIA Q2 EARNINGS — KEY POINTS REVENUE: $96.2B VS $92.30B ESTIMATE — STRONG BEAT. ADJUSTED EPS: $2.22. ADJUSTED GROSS MARGIN: 75.0%. DATA CENTER REVENUE: $89.0B VS $85.86B ESTIMATE. COMPUTE & NETWORKING REVENUE: $88.30B VS $84.69B ESTIMATE. HYPERSCALER REVENUE: $48.71B VS $43.55B ESTIMATE. EDGE COMPUTING REVENUE: $7.20B VS $6.61B ESTIMATE. AI CLOUDS, INDUSTRIAL & ENTERPRISE REVENUE: $40.31B. Q3 REVENUE GUIDANCE: $108.0B ±2%. Q3 ADJUSTED GROSS MARGIN GUIDED AT 73.5%–74.5%. Q3 ADJUSTED OPERATING EXPENSES EXPECTED AROUND $9.0B VS $8.97B ESTIMATE. VERA RUBIN IS NOW IN FULL PRODUCTION. JENSEN HUANG: “AI HAS REACHED ITS INFLECTION POINT.” NVIDIA HAS PARTNERED WITH SUPPLIERS TO SECURE CRITICAL COMPONENTS. SUPPLIER COMMITMENTS JUMPED TO $279B FROM $119B Q/Q. THE INCREASE IS PRIMARILY DUE TO MEMORY PROCUREMENT. PORTS-PIKE GPUS COULD REPRESENT $150B–$200B IN REVENUE. PORTS-PIKE INFRASTRUCTURE COULD REPRESENT ~1.5M GPUS. NVIDIA EXPECTS TO REASSIGN SOME DATA CENTER LEASES TO THIRD PARTIES. DATA CENTER LEASE AGREEMENTS HAVE TERMS OF AROUND 15 YEARS. GROSS MARGINS ROSE YEAR-OVER-YEAR, HELPED BY BLACKWELL ULTRA. NET GAINS FROM EQUITY SECURITIES: $7.8B.

NVIDIA Q2 EARNINGS — KEY POINTS REVENUE: $96.2B VS $92.30B ESTIMATE — STRONG BEAT. ADJUSTED EPS: $2.22. ADJUSTED GROSS MARGIN: 75.0%. DATA CENTER REVENUE: $89.0B VS $85.86B ESTIMATE. COMPUTE & NETWORKING REVENUE: $88.30B VS $84.69B ESTIMATE. HYPERSCALER REVENUE: $48.71B VS $43.55B ESTIMATE. EDGE COMPUTING REVENUE: $7.20B VS $6.61B ESTIMATE. AI CLOUDS, INDUSTRIAL & ENTERPRISE REVENUE: $40.31B. Q3 REVENUE GUIDANCE: $108.0B ±2%. Q3 ADJUSTED GROSS MARGIN GUIDED AT 73.5%–74.5%. Q3 ADJUSTED OPERATING EXPENSES EXPECTED AROUND $9.0B VS $8.97B ESTIMATE. VERA RUBIN IS NOW IN FULL PRODUCTION. JENSEN HUANG: “AI HAS REACHED ITS INFLECTION POINT.” NVIDIA HAS PARTNERED WITH SUPPLIERS TO SECURE CRITICAL COMPONENTS. SUPPLIER COMMITMENTS JUMPED TO $279B FROM $119B Q/Q. THE INCREASE IS PRIMARILY DUE TO MEMORY PROCUREMENT. PORTS-PIKE GPUS COULD REPRESENT $150B–$200B IN REVENUE. PORTS-PIKE INFRASTRUCTURE COULD REPRESENT ~1.5M GPUS. NVIDIA EXPECTS TO REASSIGN SOME DATA CENTER LEASES TO THIRD PARTIES. DATA CENTER LEASE AGREEMENTS HAVE TERMS OF AROUND 15 YEARS. GROSS MARGINS ROSE YEAR-OVER-YEAR, HELPED BY BLACKWELL ULTRA. NET GAINS FROM EQUITY SECURITIES: $7.8B.

Source:https://x.com/FirstSquawk/status/2092714335877607812