$NVDAB NVIDIA’s earnings report exceeded expectations across the board, surging 5% after hours
Continuing to build positions and buy: $SMHB $DRAMB
Huang Renxun said: “AI has already reached an inflection point. It’s doing useful work. Its tokens are productive—able to generate profits. Now, compute power is revenue.
I also believe the AI space hasn’t gone out. Strong profitability will gradually permeate the entire industry.
Second-quarter revenue was $96.2 billion, up 106% year over year, and up another 18% quarter over quarter. Data center revenue was $89.0 billion, up 117% year over year.
The current situation isn’t that demand is weak—it’s that capacity can’t keep up. This is painful across the entire semiconductor cycle history.
Gross margin guidance for Q3 is 74%, and it also clearly stated that Q4 will probe lower further into the 71%-72% range, mainly due to rising memory prices—so I think it will be positive for DRAM.
This quarter, direct share repurchases plus dividends of about $26 billion. The remaining buyback authorization is $99 billion. It’s burning money to build an ecosystem at full speed while also giving back generously to shareholders—proving that NVIDIA has a strong cash-flow business.
In addition, NVIDIA is no longer just a chip-selling company. It has established an independent AI fund with the goal of mobilizing more than $500 billion in third-party capital; expanding cooperation with Amazon, with AWS to redeploy another 2 million NVIDIA GPUs; pushing AI factories in South Korea and Japan; and even starting to provide end-to-end tools for robotics, autonomous driving, and life sciences
Continuing to build positions and buy: $SMHB $DRAMB
Huang Renxun said: “AI has already reached an inflection point. It’s doing useful work. Its tokens are productive—able to generate profits. Now, compute power is revenue.
I also believe the AI space hasn’t gone out. Strong profitability will gradually permeate the entire industry.
Second-quarter revenue was $96.2 billion, up 106% year over year, and up another 18% quarter over quarter. Data center revenue was $89.0 billion, up 117% year over year.
The current situation isn’t that demand is weak—it’s that capacity can’t keep up. This is painful across the entire semiconductor cycle history.
Gross margin guidance for Q3 is 74%, and it also clearly stated that Q4 will probe lower further into the 71%-72% range, mainly due to rising memory prices—so I think it will be positive for DRAM.
This quarter, direct share repurchases plus dividends of about $26 billion. The remaining buyback authorization is $99 billion. It’s burning money to build an ecosystem at full speed while also giving back generously to shareholders—proving that NVIDIA has a strong cash-flow business.
In addition, NVIDIA is no longer just a chip-selling company. It has established an independent AI fund with the goal of mobilizing more than $500 billion in third-party capital; expanding cooperation with Amazon, with AWS to redeploy another 2 million NVIDIA GPUs; pushing AI factories in South Korea and Japan; and even starting to provide end-to-end tools for robotics, autonomous driving, and life sciences
