The market was not impressed with NVDA earnings, marking shares down in after hours:
The subsequent earnings call has thrown up some intersting items:
More:
- Nvidia CEO Jensen Huang underscored the importance of China to the chipmaker’s future, describing it as a $50 billion opportunity for the company in 2025.
- said the market could expand at an annual pace of around 50%, making it a critical driver of growth.
- China is the second largest computing market in the world
- China is home to about half of the world’s AI researchers, the majority of leading open-source AI models are being developed there, underscoring the country’s role in shaping global artificial intelligence innovation.
- Huang argued that it is vital for U.S. technology companies to remain engaged in the Chinese market despite ongoing political and trade headwinds.
On cloud issues:
- “We’re in every cloud for a good reason. Not only do are we the most energy efficient, our performance per watt is the best of any computing platform. And in a world of power limited data centers, perf per watt drives directly to revenues.”
This article was written by Eamonn Sheridan at investinglive.com.
