NVDA posted a beat and raise earnings report for the ages!!!
Added almost $200bn in market cap in a few hours. Wouldn't be surprising if they hit $1trillion tomorrow (almost 10X the market value of a certain pathetic company called Shitel, I mean Intel). In the meantime, AMD is also up about 8% in after hours, just to add insult to injury. Now we know what all the hype and fakenews about Aurora, AI and the vaporware 1trillion parameter LLM was about. This is definitely Intel's Kodak or Nokia moment. In a few short years, Intel will be rendered completely irrelevant.
5 replies (most recent on top)
well.. a rocket can shoot into the sky but it must come down - at some point.
NVDA forecast 11billon revenue for Q2... It's likely a conservative forecast. Intel institutional investors should be working on a class-action lawsuit against the CEO and CFO for the miss-representations they have made previously.
I just quit my day job.
Can of whoop-a$$ has been unleashed !!!
That is what Intel's Trillion parameter AI model does for Nvidia.