If there are any doubters still remaining who think there's no money to be made from semiconductors/chips/AI etc, take a look at the summary financial sheet from Nvidia, just released. Yes, that's US$26 billion per quarter of revenue, and a 78% gross margin.
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2025NVIDIA Announces Financial Results for First Quarter Fiscal 2025
May 22, 2024Q1 Fiscal 2025 Summary
GAAP ($ in millions, except earnings
per share)Q1 FY25 Q4 FY24 Q1 FY24 Q/Q Y/Y Revenue $26,044 $22,103 $7,192 Up 18% Up 262% Gross margin 78.4% 76.0% 64.6% Up 2.4 pts Up 13.8 pts Operating expenses $3,497 $3,176 $2,508 Up 10% Up 39% Operating income $16,909 $13,615 $2,140 Up 24% Up 690% Net income $14,881 $12,285 $2,043 Up 21% Up 628% Diluted earnings per share $5.98 $4.93 $0.82 Up 21% Up 629%
All IMHO, DYOR
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