The revenue is climbing over 50% from from Q1 to Q2 2023.
They report Q2 in 2 weeks
Gross margins are skyrocketing to around 70%.
Nvidia $NVIDIA Corp(NVDA)$ is sold out anywhere between 9 months and a year.
To quote Elon Musk who just purchased 22,000 Nvidia GPUs.
I can buy drugs easier than I can buy Nvidia GPUs.
Nvidia has partnerships / strategic relationships with Oracle Facebook Adobe Google Microsoft $Meta Platforms, Inc.(META)$ AWS to name a few.
Good luck in your investing
As Jensen said we're in the first inning of a 9 inning game. The Dawn of AI the 4th Industrial Revolution
I've held this stock for 6 1/2 years I haven't sold a share. It's bouncing between a 14x and a 15x return
And there's others here that have purchased Nvidia stock before I have with much better returns.
I bought it for the future of AI / ML not for graphics.
I did extensive research on the company's the CEOs management teams their track record their gross margins the percent of market share they held through the years and so on
I was convinced only one company could do it Nvidia and they have
They are so far ahead you need binoculars to see the competition behind them AMD $Advanced Micro Devices(AMD)$ and Intel $Intel(INTC)$