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Post# of 196794
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tkg

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tkg

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Thursday, 08/24/2023 5:32:13 AM

Thursday, August 24, 2023 5:32:13 AM

Post# of 196794
Confirmation of what we all have been saying, DC demand and growth is explosive with no end in sight, the companies best positioned to exploit that will/are taking market share with profits and margins that are unfathomable and will go down in the record books!

Nvidia’s overall sales grew 171% on an annual basis to $13.51 billion in its second fiscal quarter, which ended July 30, the company announced Wednesday. Not only is it selling a bunch of AI chips, but they’re more profitable, too: The company’s gross margin expanded over 25 percentage points versus the same quarter last year to 71.2% — incredible for a physical product.

DC segment booked rev's of $10.3B for the quarter!
Bullish
Bullish
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