Nvidia Targets CPU Market Expansion Following Strong Quarterly Earnings
Nvidia outperformed financial expectations in its first quarter, reporting revenue of $81.62 billion and adjusted earnings of $1.87 per share. CFO Colette Kress announced that the company expects $20 billion in CPU revenue this fiscal year, signaling a strategic push to become a leading supplier in the server CPU market through standalone products and superchips. While hyperscalers drive significant demand, Kress noted that they now represent only 50% of data center revenue, with growth diversifying across sovereign and enterprise clients. Despite this momentum, some analysts suggest a shift toward a more stable growth phase, as the company continues to prioritize R&D over immediate shareholder returns through buybacks.
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Nvidia (NVDA) released its first quarter results on Wednesday, outpacing adjusted earnings ($1.87 per share vs. Bloomberg estimates of $1.77) and revenue forecasts ($81.62 billion vs. estimates of $79.18 billion). Nvidia CFO Colette Kress chats with Yahoo Finance Technology Editor Dan Howley ...
Nvidia Already is the GPU Giant. Now It's Aiming to Dominate in a New $200 Billion Market. | The Motley Fool
In fact, Nvidia already predicts $20 billion in stand-alone CPU sales this year -- and this is with Rubin shipments beginning in the third quarter. This is "setting us up to become the world's leading CPU supplier," chief financial officer Colette Kress said during Nvidia's recent earnings call.
It sees the server CPU market unlocking ... long run. Importantly, Nvidia has decided to offer its next-generation Vera server CPU as a stand-alone product to customers, and the company anticipates $20 billion in revenue from it in 2027. CFO Colette Kress remarked on the earnings ...
What Nvidia’s CFO Just Revealed About GPU Demand Should Have Every AI Investor Paying Attention
Nvidia (NVDA) achieved its third straight earnings triple play by beating revenue estimates, topping earnings expectations, and raising forward guidance, driven by hyperscalers spending hundreds of billions on AI infrastructure; CFO Colette Kress revealed that rental prices for the company’s ...
Nvidia CFO Colette Kress noted that hyperscalers represented just 50% of data centre revenue last quarter, with the balance split across sovereign, enterprise, and cloud-native customers, a diversification that strengthens the longer-term demand thesis considerably.
Nvidia CFO Colette Kress at company's earnings call: AI is no longer nice-to-have as ... - The Times of India
TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusive reports and breaking stories that impact technology and the digital universe. Be it how-tos or the latest happenings in AI, cybersecurity, personal gadgets, platforms ...
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