Core Viewpoints - NVIDIA's Q3 2024 revenue grew by 94% YoY, driven by strong demand for AI and accelerated computing, particularly in the Data Center segment, which saw a 112% YoY growth [6][7] - The company's strategic investments in foundational technologies for AI innovation are key drivers of future growth, supporting large models, emerging applications, and AI-native startups globally [5] - NVIDIA expects Q4 2024 revenue to reach 30.771 billion, driven by record demand for H200 and Blackwell GPUs, as well as the modernization of AI workloads [6][7] - Gaming: Revenue increased by 15% YoY to 486 million, reflecting strong demand for RTX workstations and the integration of generative AI in professional workflows [13][14] - Automotive: Revenue surged by 72% YoY to $449 million, driven by increased adoption of NVIDIA's Orin platform for autonomous driving and collaborations with major automakers [15][16] Growth Drivers - AI and Accelerated Computing: The rapid adoption of AI and accelerated computing is a major growth driver, with the Data Center segment benefiting from AI training and inference workloads [6][8] - Generative AI: Generative AI is becoming a key driver in professional visualization, enabling applications such as autonomous vehicle simulation and AI content creation [14] - Autonomous Driving: The automotive segment is experiencing significant growth due to the adoption of NVIDIA's AI and autonomous driving technologies, with partnerships expanding globally [16] Future Outlook - NVIDIA anticipates long-term growth as AI adoption accelerates across industries, with the modernization of global data center infrastructure and the emergence of generative AI-driven "AI factories" expected to sustain revenue growth [18] - The company plans to scale production and offer diverse configurations to meet specific customer needs in data centers, with demand for Blackwell GPUs expected to outpace supply by 2025 [18]
英伟达2024年Q3 财报解读
Counterpoint Research·2024-11-21 06:05