Financial Performance & Guidance - NVIDIA's Q3 data center revenue reached $512 billion, exceeding expectations [2] - The company is guiding for mid-$60 billion in revenue [1] - Gross margins are targeted at mid-70% for Q4 [3] Product & Technology - Blackwell sales are considered "off the charts" [2] - H2O sales were also significant in the most recent quarter [4] - Vera Rubin is progressing well [8][9] Growth Strategy & Market Expansion - NVIDIA aims to grow revenue by expanding into products adjacent to GPUs, such as Grace and Vera [5] - The company sees potential in new clouds and sovereign datacenters, which are likely to buy the full stack of NVIDIA solutions [6] - Inference drives revenue and addresses concerns about funding for more data [9] China Market & Geopolitical Factors - Restrictions on advanced chip shipments to China do not currently seem to be a problem for NVIDIA [11] - The US administration is not in favor of an act that would ban US customers [12] - China is reportedly having difficulty manufacturing enough chips [12] - NVIDIA is dominating the rest of the world market [13] Market Opportunity - The potential market is estimated to be $3 trillion [8]

It was pomp, praise, and power deals in Washington as Saudi Crown Prince Muhammad bin Salman paid a lavish visit to President Donald Trump. The red carpet couldn't have been any redder for NBS, but it's less clear what Trump got in return. Trump called NBS a very good friend, praised his incredible work on human rights, and absolved him of the murder of journalist Jamal Kashogi.At a state dinner packed with VIPs, the two leaders toasted what Trump hailed as a historic partnership. He went even further, decl ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through that closing bell. It's a global simulcast Carol Massar Tim Stenovec join.They join us now as they do every day at this time. Welcome to our audiences across all of our Bloomberg platforms, Television, radio, our partnership with YouTube. As he passed the most crucial moments of the day and more importantly, put your head to earnings from a video.Yeah, I'm looking at Nvidia. I've ...

It was great to be with you last night. I think it was something to behold. We officially designated the kingdom yesterday as the major nonNATO ally.That's a big deal. That happens seldom, very seldom, uh, if at all. So, I just want to congratulate you on that.That's a sign of trust. We signed a historic strategic defense agreement yesterday also and that's uh something that is likewise very rare. This week our countries also signed groundbreaking agreements on civil nuclear energy, critical minerals and ar ...

Are we on the right track here. Far be it from me to to answer that question. But I will say, you know, it's reasonable to ask whether or not this presents some sort of leak risk that could allow the Chinese to get a hold of the more advanced and video ships that anybody is not allowed to sell into the Chinese market.These are definitely much closer to top tier chips than what China can buy. And, you know, there's this awkward reality that China has built large parts of Saudi Arabia's digital and telecom in ...

Investment & Economic Growth - Saudi Arabia's economy is one of the most dynamic and fastest-growing in the G20, offering American companies profitable and reasonably low-risk investment opportunities [5] - Foreign Direct Investment (FDI) flows into Saudi Arabia have quadrupled since Vision 2030 was launched in 2016, and the FDI stock has doubled in the last ten years [9] - 90% of recent FDI flows into Saudi Arabia are not related to oil, but are in sectors like tourism, technology, cloud, AI, healthcare, and biotech [10] - Saudi Arabia has invested trillions of dollars abroad in the last 8 to 9 years, and many investors are finding Saudi Arabia the best place to invest, leading to repatriation of some of those stocks [13] US-Saudi Investment Relationship - The US economy is the largest, and its capital markets are the deepest, making it a natural destination for Saudi Arabian investment [2][3] - Saudi Arabia is looking at the US for the majority of its future and current investment, driven by free cash flow from government, PIF companies, and Aramco [4] - The scale of the US and Saudi economies makes their investment relationship mutually beneficial [6] Saudi Arabia's Economic Diversification - Saudi Arabia is modernizing, diversifying, and turbocharging its economy away from oil, focusing on sectors where the US is a global leader, such as tech, AI, healthcare, and biotechnology [3] - Vision 2030 aims to decouple the Saudi Arabian economy from its strong correlation with oil prices, with the private sector becoming the primary investor [9] Oil Market Dynamics - Oil markets are highly cyclical, and after every downturn, there is a period of tightness due to demand and throttled investment [7][8] - Investments in the Kingdom are no longer 100% correlated with government spending, which is a function of short-term revenues from oil [8] Saudi-China Relationship - China remains Saudi Arabia's largest trade partner, with bilateral trade equivalent to the next four or five G7 countries [14] - Saudi Arabia is attracting Chinese FDI, although it is not yet at the level of US investment [16] - Saudi Arabia invests in China, particularly in processing hydrocarbons and in sectors where China is a global leader, such as renewables [16][17]

Inflation Outlook - The Fed was divided on whether inflation would rise too high [1] - Some members noted inflation had been above target for some time with little sign of returning [2] - Concerns existed regarding persistent core non-housing services inflation and tariff-related inflation in core goods [2] - Businesses planned to raise prices gradually in response to higher tariff-related input costs [2] - Productivity gains might limit the pass-through of tariff costs [3] Economic Activity & Labor Market - The economy was expanding at a moderate pace and the unemployment rate remained low [1] - A few members thought the softening labor market and changes in immigration would keep prices in check [3] - Elevated risks to the labor market were observed, particularly for groups historically more sensitive to economic cycles [3][4] - Divergence existed between subdued job growth and relatively strong GDP [4] - Trade tensions could weigh on economic activity [4] Monetary Policy - Many participants favored lowering the target range for the federal funds rate [4] - Strongly differing views existed regarding the appropriate policy decision at the December meeting [5] - The minutes confirm the Fed was divided and uncertain about the economic outlook [6]

I think the licence should be taken away from ABC because your news is so fake and it's so wrong. And we have a great commissioner, the chairman, who should look at that, because I think when you come in and when you're 97% negative to Trump and then Trump wins the election in a landslide, that means obviously your news is not credible and you're not credible as a reporter. ...

Mortgage rates are down despite the Fed. I mean, you got you got to work on this guy. He's got some real mental problems and here's something wrong with him.It's just sweet. I'll be honest. I'd love to fire his ass.He should be fine. Guy's grossly incompetent, and he should be sued for spending $4 billion to build a little building. I'm building a ballroom that's going to cost a tiny fraction of that, and it's bigger than the whole thing put together.You got to work at him, Scott. The only thing Scott's blo ...

Do you think right now inflation expectations are anchored. >> No. I I don't think that they I I know that the Fed wants them to be appropriately so, but I think that we lost control of inflation in recent memory and it's more under control now, maybe not all the way there.And so uh you know I think that people would be right to worry well well suppose that the policy mix that we saw um you know postcoid uh in the US economy were the policy mix that came back um I don't think President Trump would do that b ...