Positive Points
・NVIDIA Corp (NASDAQ:NVDA) reported record revenue of $35.1 billion for Q3, up 17% sequentially and 94% year-on-year, surpassing their outlook of $32.5 billion.
・Data center revenue reached a record $30.8 billion, with a 17% sequential increase and 112% year-on-year growth, driven by strong demand for NVIDIA Hopper and H200 products.
・NVIDIA's AI enterprise revenue is expected to more than double from last year, with a growing pipeline and annualizing software service and support revenue at $1.5 billion, projected to exceed $2 billion by year-end.
・The company is experiencing significant demand for its new Blackwell GPUs, with plans to exceed previous revenue estimates and ramp up supply to meet customer needs.
・NVIDIA's gaming revenue increased by 14% sequentially and 15% year-on-year, supported by strong back-to-school sales and healthy channel inventory.

Negative Points
・NVIDIA Corp (NASDAQ:NVDA) faces supply constraints in gaming, which are expected to impact Q4 revenue despite strong sell-through in Q3.
・Gross margins are expected to moderate to the low 70s as Blackwell ramps up, with initial configurations potentially impacting profitability.
・Networking revenue was sequentially down, despite strong year-on-year growth, indicating potential challenges in meeting demand for networking components.
・The company anticipates competitive market conditions in China due to export controls, which could affect future data center revenue from the region.
・There are concerns about potential digestion phases in hardware deployment cycles, which could impact growth as the market adjusts to new technologies.

半導体 エヌビディアVSトヨタ(週刊ダイヤモンド 2024年8/24号)[雑誌]

ダイヤモンド社

2024-08-19

タグ ：

#米国株

#エヌビディア