Nvidia CEO: THIS will be ‘REALLY BIG'

Core Viewpoint - Nvidia's third quarter earnings exceeded expectations, showcasing strong revenue growth primarily driven by data center chip sales, despite market volatility affecting stock prices [1][2][4]. Financial Performance - Nvidia reported a revenue of $57 billion, with $51.2 billion coming from data center chip sales, indicating a significant demand for its products [4]. - The company has raised its guidance for the upcoming quarter, suggesting continued strong performance [13]. Product Development - Nvidia is on track to begin shipping its next-generation Reuben chip by Q3 of next year, with visibility of half a trillion dollars worth of orders for its current Blackwell and upcoming Vera Rubin chips [9][10]. - The company has announced partnerships with major players like Anthropic and AWS, further expanding its market reach [11]. Market Dynamics - Nvidia currently does not have access to China's $50 billion chip market due to export restrictions, forecasting zero sales to China for the next two quarters [21][26]. - The potential for the Chinese market to grow to $150-200 billion by the end of the decade highlights a significant missed opportunity for Nvidia [26][27]. Supply Chain Management - Nvidia has improved its supply chain management to prevent bottlenecks for the Reuben chip, working with TSMC and multiple memory vendors [16][17]. - The company claims to have the largest supply chain in the industry, ensuring readiness for future product launches [17]. Strategic Partnerships - Nvidia's investment in Intel aims to create unique opportunities and strengthen ties between the two companies, enhancing Nvidia's ecosystem [20]. - The company is focused on deepening partnerships with key players in the AI space, which is crucial for its growth strategy [33]. Regulatory Considerations - Nvidia supports regulation in the AI sector, emphasizing the need for safety and proper functioning of AI applications while advocating for balanced technological advancement [37].