NVIDIA业绩与增长 - NVIDIA的业绩并未完全达到预期，投资者正在消化增长放缓的信息 [1] - NVIDIA第三季度在中国市场没有H20芯片的销售额，但Blackwell架构可能进入中国市场 [1] - NVIDIA预计未来12个月内可能达到1000亿美元的收入 [2] - NVIDIA预计2025财年收益增长113%，2026财年增长50% [2] - NVIDIA的Q3财报预测未包含中国市场的收入，若包含，业绩将超出预期 [1] - NVIDIA营收增长56%，未包含中国市场收入 [7] - NVIDIA（不含中国）的数据中心业务在Q1增长约60%的基础上，Q3加速增长至80% [10] 中国市场与政策风险 - 特朗普政府可能对中国AI芯片销售征收15%佣金的计划尚未正式确定，需要进一步的法规文件 [1][3] - 如果一切顺利，中国市场可能为NVIDIA带来高达50亿美元的收入 [1] - 中国市场存在500亿美元的市场机会，但美国对中国的技术出口政策存在不确定性 [1][16][22] - 中国竞争对手正在NVIDIA缺乏竞争的情况下崛起 [3] - 中国政府可能推动国内企业减少对美国技术的依赖 [20] 未来发展与竞争 - NVIDIA的创新步伐持续，Rubin架构即将推出 [2][13] - NVIDIA正在关注量子计算和机器人领域 [2][17] - NVIDIA的Blackwell和Blackwell Ultra芯片将在Q3开始显现影响 [9] - NVIDIA的竞争优势在于其软硬件结合的系统级能力，以及在性能功耗比上的持续改进 [14][15][13] - NVIDIA面临来自Amazon等公司在AI芯片领域的竞争 [14]

At the moment, we're seeing Chinese rivals gain on the back of this lack of in video competition right now. What do you make of it. Well, all I know is we're going to have to figure out there's a long race here and a short race here.And we have to secure not only our global leadership, but also our intellectual property. And that's really some of the underpinning of the discussions here of is there a 15%, is there not a 15%. What does this mean from an export control.So a lot more to come on this, but obvio ...

What's so interesting is this question mark on China. What's your read. Because it again and again, John, someone saying there's a $50 billion opportunity here.Right. Yeah. Thanks for having me, Carolyn.And I agree with Ian on just about everything he said. I mean, China's critical, of course, but they already took the charge last quarter. And so the big disappointment overnight was the they came in below the whisper number, but their guidance did not include China at I think it was 54 billion and the whisp ...

China Revenue Uncertainty - The company initially excluded China-related revenue from its data center forecasts due to uncertainty [1] - Potential China revenue could reach up to $5 billion, significantly impacting the company's quarterly performance if realized [2] - Geopolitical variables, including Beijing and Washington's policies, create uncertainty regarding future licenses and revenue from China [6] - The company is taking a conservative approach to projecting China revenue due to these uncertainties [7] Government Stake & Compliance - The CFO addressed concerns about a potential 15% government stake in future H20 sales in China [3] - The CFO emphasized the company's fiduciary duty to comply with existing regulations, stating that there's no current mechanism to allocate 15% of China-related revenue to the government [4] - The CFO reassured investors that the company is operating according to existing rules [5] Licensing & Geopolitical Factors - The company currently holds a few licenses for Chinese customers [6] - The granting of additional licenses and the realization of the $2 billion to $5 billion revenue potential depend on geopolitical factors [5][6] - Changes in geopolitical dynamics, influenced by events like social media posts, can rapidly alter the situation [6]

Market Opportunity & Advocacy - The company sees a real possibility in bringing Blackwell to the China market [1] - The company is advocating for the US government to approve Blackwell for China [1] - The company emphasizes the importance of American tech companies leading in the market [1] Revenue Projection & Capacity - The company projects revenue of 2 to 5 billion USD in Q3 [1] - The company indicates it could build more if it had more orders [1] Product Purpose - The company's products are designed and sold for beneficial commercial use [2]

Taylor Swift surprised her fans on Instagram announcing her engagement to pro football player Travis Kelce yesterday. Now, in less than an hour, the Post racked up more than 7.1% million likes. And as of today, there are over 30 million likes.From opening bell, media reporter Hannah Miller joins us. She breaks the Internet again. Yes, You know, everyone is super excited about this news.This is hitting the music world, pop culture, sports. Everyone is just excited for Taylor and Travis. And this is building ...

This case. This lawsuit claims wrongful death products, liability and negligence. And more broadly, the accusation runs that this tragedy was predictable because it was a result of deliberate design choices.What design choices could have in anyway incentivized this. Yeah. Well, thank you for having me.Let me first start by saying that everything I say is on behalf of the Center for Humane Technology. It does not represent the views of the family or the legal team. But what this case really talks about is ho ...

NVIDIA's Strengths and Opportunities - NVIDIA's vertical integration, software stack, and developer ecosystem are key strengths [1] - NVLink is an unprecedented secret weapon for NVIDIA's GPU performance [2] - Data center revenue, especially networking, may positively surprise the market [3] - Significant opportunities exist in the broad market due to incentives from the EU and Korea [4][5] - There is substantial headroom for AI growth as many countries have not yet seen AI adoption at scale [11] NVIDIA's Challenges and Future Outlook - NVIDIA needs to continue reinventing itself as competition in scale-up networking is expected in 2027 [9] - Broadcom and open-source consortiums will challenge NVIDIA's dominance in scalable networking [9] - The company needs to address concerns about China orders and shipments [6] - The market anticipates NVIDIA to provide an outlook to 2026 and assurances of positive orders from hyperscale cloud service providers [4] - The industry should not judge AI based on first-generation technology, as it is improving dramatically and driving demand for computing [13][15]

Starship Development & Testing - SpaceX needed this test flight to achieve after a volatile year, deploying satellites is a key objective for Starship [1] - The test demonstrated Starship's ability to launch satellites, bringing it closer to becoming a functional launch vehicle [2] - Reentry remains a difficult aspect to perfect for the fully reusable vehicle [3] - Chunks broke away during reentry, indicating further learning is needed for the reusable orbital heat shield [4] Starship's Role & Future Plans - SpaceX is heavily invested in Starship, aiming for it to replace the Falcon 9 [5] - Starship is designed for human and cargo transport to deep space destinations like the Moon and Mars [6] - In-space orbital refueling at an unprecedented scale is crucial for Starship's deep space capabilities, with demonstrations planned as soon as next year [7]

Remind us on the perspective here. It is so dominant for the rest of the market. Yes, we might get a big swing in Nvidia up to 6% after hours, but it's important for the other names.Yes, completely. And I would even go beyond that and say it's not just a name. This isn't a stock that records.It dominates and records. It is the litmus test for that actually has the ability to hit sentiment more broadly. You know, it's such a large component of the S&P 500.We've obviously seen a little bit of caution. And act ...