Worst quarterly profit and EPS posted since listed. More revenue than first 2Qs last FY but less profit. Disappointed NTAs are down too but might be just due to selling of inventories.
Positive, at least still profitable. Need to read deeply on the reports later and compare. See why profit is much less than normal.
NP % over the last 4Qs dropped from 17% to 16% so maybe it's not so bad... but not sure how I feel about... feel my money is being stagnant here, nothing attractive really to stay.
In business, no one can guaranttee always profit up and up, surely got up and down , once you buy in have to accept the results as long as it is genuinely reported
Nvidia Corp. surged in early trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.
The outlook extends a streak of Nvidia shattering expectations, thanks to insatiable demand for its artificial intelligence accelerators — highly prized chips that crunch data for AI models. The technology has helped power a proliferation of chatbots and other generative AI services, which can create text and graphics based on simple prompts.
“Accelerated computing and generative AI have hit the tipping point,” Chief Executive Officer Jensen Huang said in the statement. “Demand is surging worldwide across companies, industries and nations.”
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chon99
1,374 posts
Posted by chon99 > 2022-10-03 22:31 | Report Abuse
Good news ! ! !
Dow Jones and Nasdaq up strongly
10.30p.m Malaysia Time 03-10-2022.