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Dan Salmon
  • Dan Salmon
 PRESS RELEASE

NVIDIA Sets Conference Call for Third-Quarter Financial Results

NVIDIA Sets Conference Call for Third-Quarter Financial Results CFO Commentary to Be Provided in Writing Ahead of Call SANTA CLARA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, November 20, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the third quarter of fiscal year 2025, which ended October 27, 2024. The call will be webcast live (in listen-only mode) on . The company’s prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional inv...

Pierre FerraguÊ
  • Pierre FerraguÊ

Hyperscalers report this week – read across for Nvidia and AI Infrastr...

Capex expectations for hyperscalers run vastly behind expectations for Nvidia. Investors are anticipating very positive comments and continued revisions this week.

Dan Salmon
  • Dan Salmon

Alphabet (GOOGL, Buy, $210 target) First Take: Solid all around, espec...

What’s New: In this first take following tonight’s results, we touch on: 1. Search and Other growth continues to show broad-based strength 2. Cloud revenue growth well ahead on generative AI and core 3. Margins significantly outpace estimates 4. 4Q Capex guide inline but wide 2025 comments leave substantial room for more spend

 PRESS RELEASE

AMD Reports Third Quarter 2024 Financial Results

AMD Reports Third Quarter 2024 Financial Results SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92. “We delivered strong third quarter financial results with record revenue led by higher sales of EPYC and Instinct data center ...

 PRESS RELEASE

NVIDIA Ethernet Networking Accelerates World’s Largest AI Supercompute...

NVIDIA Ethernet Networking Accelerates World’s Largest AI Supercomputer, Built by xAI NVIDIA Spectrum-X Makes Colossal NVIDIA Hopper 100,000-GPU System Possible SANTA CLARA, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- NVIDIA today announced that xAI’s Colossus supercomputer cluster comprising 100,000 NVIDIA Hopper Tensor Core GPUs in Memphis, Tennessee, achieved this massive scale by using the NVIDIA ™ Ethernet networking platform, which is designed to deliver superior performance to multi-tenant, hyperscale AI factories using standards-based Ethernet, for its Remote Direct Memory Access ...

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