Andy Patrizio – Jon Peddie Research

Nvidia tops projections, hypes Blackwell launch

Data center sales rose 112% YoY, while graphics/gaming was up 15%.

The landscape has changed enough that old concerns no longer apply.

The company took all of its financial hits at once and guided to an optimistic Q4.

Buoyed by sales of Epyc and Instinct data center products.

Despite complaints of supply shortages, inventories are up across the board.

Data center sales rose 54% YoY, and graphics/gaming was up 15.7%.

15,000 employees are about to pay for management’s misfire.

Data center sales rose 427% YoY, while graphics/gaming was up just 18%.

Seasonal weakness was to be expected, but the stock took a hit on weak guidance.

The quarter was more about business and infrastructure happenings than sales and profit.

Revenue rose 265% over the prior year to $22.3 billion, and that’s with the loss of sales to China.

Epyc and Instinct are the stars of the show, while Ryzen has a good Christmas .