NVIDIA’s Record-Breaking Q3 2024
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In the third fiscal quarter of 2024, NVIDIA Corporation achieved record revenue of $18.1 billion, a staggering 206% increase year-over-year, propelled by unprecedented demand for its AI-focused GPUs. Net income reached $9.24 billion, reflecting margins above 50%, driven by the Data Center division, which generated $14.5 billion in revenue, up 278% year-over-year. This growth was fueled by the adoption of NVIDIA’s H100 and upcoming Blackwell architecture chips by hyperscalers like Amazon, Microsoft, and Google for AI training and inference. The Gaming and Professional Visualization segments contributed $2.9 billion and $416 million, respectively, showcasing NVIDIA’s diversified portfolio, though AI remains the primary growth engine, with 80% of revenue tied to data center products.
Effortless Buy for AI Dominance
Buying NVIDIA is as straightforward as sending...
High Volatility at Earnings
NVIDIA’s earnings carry high stakes with implied volatility....
Top AI Tech Pick at $183
NVIDIA at $183 is a top AI tech pick: its dominance in....
Short-Term Correction Risk
Despite long-term 50%+ upside, NVIDIA’s short-term outlook points to....
Fragile Top Pre-Earnings
Investors debating selling NVIDIA
Proven Track Record with $350K Returns
A $1,000 investment in NVIDIA in 2015 is worth
Effortless Buy for AI Dominance
Buying NVIDIA is as straightforward as sending...
Top AI Tech Pick at $183
NVIDIA at $183 is a top AI tech pick: its dominance in....
Proven Track Record with $350K Returns
A $1,000 investment in NVIDIA in 2015 is worth
High Volatility at Earnings
NVIDIA’s earnings carry high stakes with implied volatility....
Short-Term Correction Risk
Despite long-term 50%+ upside, NVIDIA’s short-term outlook points to....
Fragile Top Pre-Earnings
Investors debating selling NVIDIA
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