Nvidia once again tops projections for Q4 ’24

Again, Nvidia exceeds financial projections and expectations despite parts shortages and the loss of sales to China. What do we think? It really is time to stop underestimating Nvidia. It’s using the same underpromise/overdeliver playbook that Apple used so efficiently for so many years. Even with a significant shortage of parts—rumored to be as long as nine months on back order—and challenges from all sides, the company still continues to excel. That’s because Nvidia executes flawlessly. That may mean stepping on toes occasionally— just ask EVGA—but it gets the job done, and in the end, that’s what counts. Jensen Huang