Nvidia's 'Zero-China' Quarter: With This Baseline, What Happens When China Returns?

Core Insights - Nvidia Corporation reported a record quarter with total revenues of $46.7 billion, representing a 56% year-over-year increase, and non-GAAP earnings per share of $1.05, exceeding consensus estimates [1] - The non-GAAP gross margin was reported at 72.7%, or 72.3% when excluding the release of $180 million in H20 [1] Financial Performance - Total revenues reached $46.7 billion, marking a significant growth of 56% compared to the previous year [1] - Non-GAAP earnings per share stood at $1.05, which is above market expectations [1] - The non-GAAP gross margin was reported at 72.7%, with a slight adjustment to 72.3% when accounting for specific financial releases [1]