Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. Jensen Huang, the CEO of the firm, made a surprise appearance at the recently held T-Mobile Capital Markets Day. Speaking alongside T-Mobile CEO Mike Sievert, Huang claimed that his company had fused signal processing and AI. He predicted that this was going to be a great new growth opportunity for the telecommunications industry. During the chat with Sievert, Huang underlined the importance of AI in shaping the future of telecommunications, particularly highlighting the role of AI-RAN in optimizing and scaling network performance. The NVIDIA Corporation (NASDAQ:NVDA) bigwig said that fusing radio computing and AI computing into one architecture allowed companies to apply AI models to optimize signal quality across diverse environments.
Google’s top executive confirmed the company is working on large-scale data centers that would use more than 1 GW of power. Sundar Pichai, CEO of Google and Alphabet, in a speech last week at Carnegie Mellon University... “We are now working on over 1-GW data centers, which I didn’t think we would be thinking about just maybe even two years earlier, and all of this needs energy, ” Pichai said during a talk in Carnegie Mellon’s Highmark Center as part of the university’s 2024-25 President’s Lecture Series. Pichai spoke on “The AI Platform Shift and the Opportunity Ahead,” as he focused his company’s advancements in AI and his vision for a future driven by AI.
It’s Nvidia that’s why
Nvidia, T-Mobile, Ericsson, and Nokia are teaming up to implement AI into networks. A new Nvidia buzz word “Nvidia AI Aerial” here is an excerpt from an article.
“T-Mobile CEO Mike Sievert said: “AI-RAN has tremendous potential to completely transform the future of mobile networks, but it will be difficult to get right. That is why T-Mobile is jumping in now to help lead the way with our partners.
“This collaboration between T-Mobile, NVIDIA, Nokia and Ericsson will truly define what is next in mobile networks in the 5G Advanced era and beyond, and drive real progress where it is needed.”
NVIDIA founder and CEO Jensen Huang said: “AI will reinvent the wireless communication network and industry — going beyond voice, data, and video to support a wide range of new applications like generative AI and robotics. NVIDIA AI Aerial is a platform that unifies communications, computing and AI.”
As long as the Fed lowered the rate before the asteroid hit nobody would care
Well said it is hard to believe it is already way over a year when this first started. They are going to have such an installed base in a few years and by the time everyone gets their fill there will be a new cycle starting. Once you have the market share it is almost impossible to make inroads unless Nvidia falters and I don’t see that happening.
I watched a CNBC video with the SandboxAQ CEO talking about Nvidia chips in healthcare industry. This was right up your alley they were talking LQMs (Large Quantum Models) versus LLMs
I thought it was a good article summarizing the Goldman conference for people that didn’t listen to webcast
“The first thing is to remember that AI is not about a chip. AI is about an infrastructure,” Nvidia (NVDA) Chief Executive Jensen Huang recently explained.
On Sept. 11, Huang presented at Goldman Sachs’s Communacopia + Technology Conference. He discussed Nvidia’s competitiveness, the Blackwell platform, Taiwan Semiconductor, and more.
Nvidia’s stock jumped more than 8% following Huang’s speech, a significant recovery from the sharp drop following its Q2 earnings report in August.
On Aug. 28, Nvidia released its fiscal second-quarter earnings report.
For the quarter that ended July 28, the company reported adjusted earnings of 68 cents a share, more than double the year-earlier figure and surpassing the analyst consensus estimate of 64 cents. Revenue reached $30 billion, up 122% from a year earlier, exceeding the anticipated $28.7 billion.
However, investors had anticipated more significant growth for the company, which led them to sell down Nvidia shares more than 15% within a week of the financial report.
Nvidia will start shipping Blackwell in Q4 and will scale it through the next year.
Bloomberg/Getty Images
A lot of good info in that post
Blackwell will make the earth change from an elliptical to parabolic orbit and this SP will never be seen again:)
Just a little FYI Jensen said at Goldmans conference they had 32,000 employees
And he said guys I would love to sell them to you but I’ve got this dam DOJ on my a$$
Sorry to hear that maybe you will change your mind later on, this board has changed it is not interesting except for a few IMO. I have a lot on ignore I don’t want to read their rhetoric, doom and gloom posts. To each their own, buy you some Nvidia and put it in your sock drawer. That’s what I did many years back and I’m always smiling. Good luck to you!!
Yes it was good, Colette usually does the technology conferences so to hear Jensen was special and it came at an opportune time.
Listening to the Goldmans Sachs conference along with the Blackwell chip (and 35,000 components) there are 7 other chips. He didn’t go into a lot of detail about them other then they go through their own developmental cadence over 2 year periods. That was the first I heard anything about 7 other chips interesting.
I’m sure you’ve probably already listened to the Goldmans webcast on Nvidia’s website. It was great especially the last 10 minutes. Goldmans CEO flew in that morning to personally interview Jensen, that is when you have some horsepower
“Oracle has 162 cloud datacenters in operation and under construction around the world," said Oracle Chairman and CTO, Larry Ellison. "The largest of these datacenters is 800 megawatts and will contain acres of NVIDIA GPU Clusters for training large scale AI models. In Q1, 42 additional cloud GPU contracts were signed for a total of $3 billion”
A positive post about Nvidia it doesn’t happen very often these days. Get through the next couple months and it will be the shining star again. Once Blackwell gets traction a lot of people will wish they bought down here. Long Nvidia
The way this market is reacting if they are .00001% off watch out.
Yeah you know I have to admit I got caught up in the Blackwell thing. When I looked back on it I realized some things I should’ve considered and didn’t so on this one I’m not jumping to conclusions and let it play out
There are articles just out saying Nvidia hasn’t received subpoena. Go figure
Nice post but you will find your in the minority on this forum
You know I wasn’t going to say anything about the posts between Jet, Retire and yourself but then your last post. I actually don’t have a problem with your posts I see all three sides if you want to trade both ways who cares, but then you had to throw how much you made in his face like the other posters. I really thought you had more swagger than that disappointing
Not to have your head swell any more than it probably already is but I’ve read your stuff for many years and seen you down many times but always come back swinging. I don’t know this field like you and several others do and I like to play devils advocate. There is no more rah rah everything is great here like many months back and that is good IMO. I think DT is going to bring this industry back and Delfin will fulfill its destiny. Hopefully sooner than MrC (the man) thinks.
It would be nice to know where the 100 million came from, could it be from their parent company Fairwood Peninsula Energy Corporation. Are they still their parent company? Would Delfin’s customers belly up that kind of money to an unproven company. If so what do they think now, when contracts were signed Delfin was just trying to get FERC. Now they have to get DOE and MARAD. That article he talked about 2029 gas I think the 1st contract was probably thinking 2025 or 2026 gas. If this TGLO makes it to RM then DLFN will make us a lot of money. If Jab says it will that’s good enough for me. Unless he’s taking Pepto Bismol of course :)
I know the 100 million was discussed months back and Northpeak had a lot of DD in the area and you probably did also, but where and how was that amount spent documented. I apologize I was in and out of the thread around when all that was discussed. If you would or anyone else want to discuss it I would appreciate it
That is unusual ignores work on my iPhone
WSJ hit about everything there it is funny Jensen has been saying they are a system company not just a chip company from the start of this journey. Now at least they all report as such especially with Blackwell coming out. You have to give AMD credit with their latest buy of ZT systems, they get I believe 1,100 engineers which are hard to come by. I think the only way they get even close is if CUDA can be used efficiently with competitors GPUS. If this happens I will have to look seriously at Nvidia’s fundamentals. Anyway nice article thanks
You know I have to admit I really enjoy your call it as you see it approach.
This board has changed so much since Nvidia has split. I don’t like to put people on ignore but I have several on ignore, not because I don’t like to hear different views but I don’t like reading constant negative posts towards Nvidia or the sky is falling. It has become a trading site which for a long is boring. I don’t know how long you have been listening to Nvidia’s earnings call for me since 2019, the format hasn’t changed a bit since then.
The CFO Colette is a very accomplished and well respected in the industry. I’m not sure what you are saying is wrong with her, she is very technical for a CFO she does a lot of the technical and analysts conferences. If she is not a billionaire already she is on her way.
Nvidia's incredible rise has been powered by 3 crucial but overlooked factors
In the fevered run-up to the most over-hyped quarterly earnings announcement in recent years—Nvidia’s, of course—it’s hard to believe that anything of relevance was left unsaid. But in fact three crucial elements of the Nvidia story were under-played or ignored. Without understanding them, envisioning the company’s future is hopeless.
Believe it or not, Nvidia’s profitability is more astonishing than you think
The company’s profit for the second quarter was a staggering 168% greater than profit for the same quarter last year. If Nividia just earned that same profit for the year’s two remaining quarters, it would be the fourth most profitable company in the Fortune 500 (behind only Apple, Berkshire Hathaway, Alphabet, and Microsoft). But Wall Street analysts expect Nvidia’s profits to continue growing strongly this year—and on average the analysts have underestimated Nvidia’s performance so far.
Even more impressive is Nvidia’s profitability on multiple measures. I have long preferred measures based on economic profit, also known as economic value added (EVA), which eliminates distortions in standard accounting. Institutional Shareholder Services calculates EVA data for 21,000 publicly traded companies worldwide, and it reports that Nvidia’s returns on capital and its upward trend put it in the 100th percentile for profitability. That doesn’t mean Nvidia is in the top percentile (which would be the 99th percentile). It means Nvidia ranks above all those other 21,000 companies, or possibly ties with some of them.
That is simply phenomenal. When Nvidia’s profit growth slows down, as eventually it must, the company could still rank in the 95th percentile—or heck, even in that shabby 85th percentile—and remain an extraordinary financial performer.
CEO Jensen Huang’s early life was tougher than you probably know, and it helps explain his successful leadership
Huang made news in March when he spoke to students at his alma mater, Stanford University. “Greatness is not intelligence,” he told them. “Greatness comes from character, and character isn’t formed out of smart people. It’s formed out of people who suffered.”
He didn’t go into much personal detail at that event, though he has often mentioned that he was a dishwasher at Denny’s, “and then they promoted me to busboy.” But he was much more open about his formative years when he spoke to Fortune 23 years ago: In 1973, the 9-year-old Huang was living in Thailand with his Chinese parents. Worried about the political situation there, his parents decided to send him to a U.S. boarding school his uncle had found in a magazine ad. Before long Huang was enrolled in the Oneida Baptist Institute in Oneida, Ky. … It turned out the institute was a school for troubled kids. Huang’s 17-year-old roommate was fresh out of prison and covered with stab wounds. Huang says that during his two years at the school he got beat up a lot and spent afternoons cleaning the latrine. Nonetheless, he looks on those days as a valuable experience. “Now I don’t get scared often. I don’t worry about going places I haven’t gone before,” says Huang, “and I can tolerate a lot of discomfort.”
Suffering remains central to Huang’s leadership. “To this day I use the phrase ‘pain and suffering’ inside our company with great glee,” he told Stanford students. “You want to refine the character of your company. You want greatness out of them.”
Huang will wait years for his convictions to pay off
CEOs often complain that Wall Street won’t let them embark on long-term projects that will yield profits only far in the future. Huang has insisted on pursuing such projects anyway. Investors should know that Nvidia’s history is a story of spending years to create technology for which there is no market until the technology creates a market.
Nvidia’s first project was designing chips to create 3D graphics for videogames when videogames barely existed. Eventually the chips turbocharged the games industry and made Nvidia successful. Huang and his partners knew that same technology could do much more, including powering a new way of computing that became AI. But “for 10, 15 years, the markets that fuel Nvidia today just didn’t exist,” says Huang. “All your shareholders, your board of directors, your partners—you’re taking everybody with you, and there’s no evidence of a market. That is really, really challenging.”
Huang’s experience is a warning to Nvidia investors that some day after today’s AI frenzy, the time may come when they must be patient. It’s also an inspiration to business leaders that pain and suffering will yield dividends, and that persistence and confidence can pay off, sometimes spectacularly.
Here is an article from Fortune a few of you might enjoy.
https://stocks.apple.com/AuLE0XPI8Rgq_r_alPZ1Q1w
After 6 years your gut should be sore I know my butt is :)
That was a great article on an interview with the CFO. When I read your post this morning there were 14 posts after it and not a post about your post. I’m not sure if any of them read it or cared about the content. All the garbage on here on what the SP will be in an hour or other crap. Information in your post is what will drive the SP. Thanks
Conference call is over and another excellent one from Jensen IMO.
That is good I’m glad it was that simple you are the smartest
Sounds high but I won’t argue enough of that here, if so they may have hard time beating that percentage but I won’t put it past them at this point