Reported about 1 month ago
Nvidia's recent earnings report exceeded expectations, posting adjusted earnings of $0.68 per share and revenues of $30 billion. However, concerns arise as earnings growth did not match revenue growth, prompting questions about pricing, rising input costs, and the company's investments. Additionally, CFO Colette Kress announced a ramp-up in production of the Blackwell chip, expected to generate significant revenue in the upcoming quarters. Despite strong demand from major tech firms, analysts caution about Nvidia's ability to translate revenue growth into profitability.
Source: YAHOO