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Remember, Nvidia sells services too, not just GPUs. They also sell full racks of servers. This is just sales, not profits.
by jedberg 1mo ago
Remember, Nvidia sells services too, not just GPUs. They also sell full racks of servers. This is just sales, not profits.
- reducesuffering 1mo agoTheir profits are incredible too, they have 62% net margin! Last quarter $60b profit on $96b revenue. Since the "AI bubble going to pop" terrible takes 2 years ago, NVDA has made $300b in profits.
- simianwords 1mo agoThere's a specific type of person who makes a repeated joke like "sell shovels in a gold rush" - they think they have made the most insightful comment possible.
- throwaway85825 1mo agoA better question is what percent of that profit could be clawed back from loan guarantees. Unlike debt they dont give a consolidated number.