Nvidia reported as expected for Q3 ending in October with revenue of $5.93 billion for growth of (17%) which matched management guidance of $5.90 billion.

Nvidia is signaling that gross margin will return to normal next quarter with a guide for GM of 63.2%.

Most importantly, management stated gaming will return to sequential growth in Q4 and that channel inventory will “approach normal levels” as the company exits Q4.

# US Stocks Opportunities

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    ·2022-12-05
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