Nvidia Posts Record Revenue with 94% Growth Amid Generative AI Demand

Global Economy

Nvidia’s Q3 2024 revenue soared 94% to $35.1B, driven by generative AI demand. Net profit also more than doubled to $19.39B.

1Flea market ★.Nov. 21, 2024 (Thu) 07:02:33.44ID:vZsmU/KQ9
[Silicon Valley Jiji Press] US semiconductor giant Nvidia announced its financial results for the August-October 2024 period on the 20th, reporting sales up 94% from the same period last year to $35.1 billion (about 5.46 trillion yen) and net profit up 2.1 times to $19.39 billion. Both figures reached new quarterly highs. As the development of generative AI (artificial intelligence) progresses, demand for the company’s products, which are adept at high-speed processing of massive amounts of data, has increased. Published by Jiji Press, Foreign Economy Department, November 21, 2024 at 6:49am.
https://www.jiji.com/sp/article
2Anonymous Donburako.Nov. 21, 2024 (Thu) 07:03:09.33ID:KCiTSP2p0
After-hours stock prices were virtually calm.
3Anonymous Donburako.Nov. 21, 2024 (Thu) 07:04:01.52ID:hsPQuJw90
War boom lol.
4Anonymous Donburako.Nov. 21, 2024 (Thu) 07:04:12.82ID:vkuG1tpu0
Wow, if we could use this to invest in more equipment, we’d be invincible.
5Anonymous Donburako.Nov. 21, 2024 (Thu) 07:04:46.57ID:mzecECX90
See, it’s just like I said before.
6Anonymous Donburako.Nov. 21, 2024 (Thu) 07:05:52.87ID:PBGKRN7H0
I’m using AI to learn English, but I wonder if this is also thanks to Leather.
7Anonymous Donburako.Nov. 21, 2024 (Thu) 07:07:05.46ID:OMc7KorT0
It might be better to start a banking business rather than investing in equipment.
8Anonymous Donburako.Nov. 21, 2024 (Thu) 07:07:11.27ID:JmVAF4b/0
However, I think the stock price will fall as it feels like all the stock has been sold.
9Anonymous Donburako.Nov. 21, 2024 (Thu) 07:07:43.31ID:FQRRhYOg0
Graphics card manufacturer’s three-month sales reach 5 trillion yen?!?!
73Anonymous Donburako.Nov. 21, 2024 (Thu) 07:44:45.47ID:/SJuI2Yv0
>>9
Over 1 million each lol.
81Security Guard [lv.13] [Seedling].Nov. 21, 2024 (Thu) 07:47:22.59ID:w3QvgUhx0
>>9
Quarterly net profit should be 3 trillion yen rather than sales
Toyota’s net profit for the full year is 5 trillion yen.
10Anonymous Donburako.Nov. 21, 2024 (Thu) 07:07:43.77ID:baHogwef0
The point where prices drop due to a feeling that sales have been exhausted is a good time to buy.
11Anonymous Donburako.Nov. 21, 2024 (Thu) 07:08:38.94ID:v+zBzspE0
Hmm, this isn’t impressive enough.
13Anonymous Donburako.Nov. 21, 2024 (Thu) 07:09:21.82ID:hsPQuJw90
The trend is to just say ai and get away with it.
14Anonymous Donburako.Nov. 21, 2024 (Thu) 07:10:33.93ID:kSmpZ2DX0
The problem is that graphics cards these days are so expensive.
15Anonymous Donburako.Nov. 21, 2024 (Thu) 07:11:48.84ID:WoMxLndx0
Generative AI keeps lying no matter how much time passes…
21Anonymous Donburako.Nov. 21, 2024 (Thu) 07:14:49.77ID:hsPQuJw90
>>15
That was done by hand, apparently lol.
48Anonymous Donburako.Nov. 21, 2024 (Thu) 07:29:31.82ID:rh6+0NpA0
>>15
Do you think humans don’t lie and make mistakes?
54Anonymous Donburako.Nov. 21, 2024 (Thu) 07:33:23.97ID:/opPLBRl0
>>15
That’s only natural, since they’re learning from humans.
16Anonymous Donburako.Nov. 21, 2024 (Thu) 07:11:56.63ID:PS6S2HZh0
It’s unfair that the stock price is falling even though the stock is doing well.
AMD, go up.
Please go up.
18Anonymous Donburako.Nov. 21, 2024 (Thu) 07:12:52.13ID:KoDO39fm0
Be careful, if you wrap it in a talisman and use it, it will get too hot and break.
19Anonymous Donburako.Nov. 21, 2024 (Thu) 07:13:12.03ID:WoMxLndx0
Until the end of the year and the New Year, I’ll invest in mining stocks.
20Anonymous Donburako.Nov. 21, 2024 (Thu) 07:14:27.98ID:KoDO39fm0
Laken rtx9980
With charm!
22Anonymous Donburako.Nov. 21, 2024 (Thu) 07:15:56.62ID:UvD5Cu7y0
Intel is finished!
23Anonymous Donburako.Nov. 21, 2024 (Thu) 07:16:33.80ID:6rcCoxcg0
And what about my Michael?
24Anonymous Donburako.Nov. 21, 2024 (Thu) 07:16:55.44ID:KoDO39fm0
There are lots of them!
25Anonymous Donburako.Nov. 21, 2024 (Thu) 07:17:24.88ID:BL+xmCVg0
It’s the American dream.
26Security Guard [lv.9] [Seedling].Nov. 21, 2024 (Thu) 07:18:10.29ID:tNX0HXm10
It looks like it’ll be the sixth pillar after gafam lol

Just as you’d expect from the United States of America, the strongest in the world lol
It’s a far cry from some declining country that’s fawning over the weak yen and inbound tourism lol.

27Security Guard [lv.12].Nov. 21, 2024 (Thu) 07:18:10.97ID:pUBtv6eX0
As expected, the stock has sold out and the price has dropped.
29Anonymous Donburako.Nov. 21, 2024 (Thu) 07:18:39.11ID:Rye81lx60
It is common for prices to drop due to a feeling that sales have been exhausted, and then suddenly rise the day after.
31Anonymous Donburako.Nov. 21, 2024 (Thu) 07:19:05.75ID:AWLv0mQg0
NVIDIA for life.
32Security Guard [lv.9] [Seedling].Nov. 21, 2024 (Thu) 07:19:12.93ID:tNX0HXm10
AI is also controlled by the United States lol. Digital crafters will have to pay taxes again lol.
33Anonymous Donburako.Nov. 21, 2024 (Thu) 07:19:41.00ID:YNG0/ll90
I have a gtx1050ti, but I think it’s about time to replace it or get a used 2070 or 3060.
34Anonymous Donburako.Nov. 21, 2024 (Thu) 07:19:43.38ID:N0fHsfb90
Sales are 5.46 trillion yen and profits are close to 3 trillion yen. Is selling graphics cards really that profitable?
38Anonymous Donburako.Nov. 21, 2024 (Thu) 07:24:41.11ID:CG5rkSCg0
>>34
There was a cryptocurrency mining boom, and GAFAM is pouring money into AI generation, so do you still think gamers are supporting graphics card manufacturers?
53Anonymous Donburako.Nov. 21, 2024 (Thu) 07:32:34.08ID:Ds9pMXUn0
>>34
I’m sure they’re joking, but this is pretty lame
It’s like asking Nintendo if they’re still making trillions with Hanafuda cards!?
35Security Guard [lv.9] [Seedling].Nov. 21, 2024 (Thu) 07:20:52.81ID:tNX0HXm10
Digital craftsman ✕

Digital tenant farmer ◯
NVIDIA has really grown into a powerful force lol
I’ve known them since the eroge days lol.

37Anonymous Donburako.Nov. 21, 2024 (Thu) 07:23:43.43ID:7VONG6aN0
I never thought that graphics cards would be this much stronger than CPU.
39Anonymous Donburako.Nov. 21, 2024 (Thu) 07:24:42.90ID:Ovk5Pd0O0
I knew it was going to be great from the start. Did it exceed market expectations?
44Anonymous Donburako.Nov. 21, 2024 (Thu) 07:27:49.55ID:ZIyVlPDg0
>>39
All the best.
40Anonymous Donburako.Nov. 21, 2024 (Thu) 07:25:39.24ID:tkb0MYVA0
What is the difference between the giant Intel and the mysterious company Nvidia?
41Anonymous Donburako.Nov. 21, 2024 (Thu) 07:26:09.48ID:6nnJpoUN0
Has this mysterious semiconductor manufacturer grown to this extent?
42Anonymous Donburako.Nov. 21, 2024 (Thu) 07:26:38.50ID:uw1WxY/80
I’d like to ask someone who really knows about this,
will the weak yen cause small and medium-sized local sash manufacturing companies to lose work? Will they go out of business?
43Security guard [lv.19].Nov. 21, 2024 (Thu) 07:27:37.30ID:uve2fkqp0
One Nvidia could buy Japan.
45Anonymous Donburako.Nov. 21, 2024 (Thu) 07:27:58.50ID:7zt4EBJj0
The problem is that the graphics card is too expensive.
47Anonymous Donburako.Nov. 21, 2024 (Thu) 07:28:46.95ID:ZIyVlPDg0
It’s not that graphics cards are expensive, but that the yen is cheap.
51Security guard [lv.3] [police officer].Nov. 21, 2024 (Thu) 07:32:20.37ID:kHdtn3gg0
The last quarterly results were as expected, but not better than expected, so for some unknown reason the stock price went down.
Reference: https://asahi.5ch.net/test/read.cgi/newsplus/1732140153
Other languages:米エヌビディア、売上高と純利益最高生成AI需要継続8-10月期, NVIDIA US continua generando altas ventas y ganancias netas por la demanda de IA en el periodo de agosto a octubre.

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