Nvidia: Triple Play Not Enough To Justify $3.6T Valuation (Rating Downgrade)
Seeking AlphaAnd, with the AI spending boom still in full swing, Nvidia's upcoming Q3 2024 report on 20th November is likely to be robust. How Did Nvidia Fare In Q3 FY2025?With Nvidia reporting $35.1B in revenues and $0.81 in normalized EPS for Q3 FY2025, I think it is fair to conclude that the semiconductor behemoth eased past consensus street estimates on top and bottom-line estimates. Nvidia Investor Relations In Jensen Huang's words - The age of AI is in full steam, propelling a global shift to NVIDIA computing. Demand for Hopper and anticipation for Blackwell — in full production — are incredible as foundation model makers scale pretraining, post-training and inference. AI is trans