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May 30 2023, 07:00 IST/BST
Disruptive technology
Week 20 – US Bellwether Blast: Nvidia’s Q124 earnings
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DAVY VIEW
Nvidia (NVDA) makes the chips needed to run large language models like OpenAI’s GPT4. As investors pile in, trying to bet on the next and best applications of generative AI, the AI companies all buy their chips from NVDA. The Q224 revenue guide was raised to US$11bn +53% quarter-on-quarter (qoq), and NVDA is building its supply capabilities to meet the elevated demand in H224.
