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Why, and what does it mean, for Nvidia to announce fiscal results a year ahead of time. Is it just promise to sell chips in advance, so that's how far it's boo
by marricks 3y ago
Why, and what does it mean, for Nvidia to announce fiscal results a year ahead of time.
Is it just promise to sell chips in advance, so that's how far it's booked, do they own a Time Machine...?
- scrlk 3y agoFinancial years are named by the calendar year that they end in, so FY24 is the financial year ending in 2024.
- lotsofpulp 3y agoI have never seen it referred to as financial year until now, but I guess it makes sense too. Fiscal year is the typically used term.
- epolanski 3y agoEvery company I know of estimates future revenue. It's not black magic, they have contracts in place and know both how many GPUs will be produced and sold give or take few %s.
- danielmarkbruce 3y agoThey announced Q2 results, ending July 31. Their fiscal year is a little unusual, it ends at end of Jan. So their 2024 year ends Jan 31 2024.