Investment Rating - The semiconductor industry is rated as "Outperform" for the next 12 months, indicating expected performance above market benchmarks [10]. Core Insights - NVIDIA reported a quarterly revenue of 30billionfor2QFY25,ayear−on−yearincreaseof122.426.3 billion, which is 87.5% of total sales, with a quarter-on-quarter growth of 16.4% [1][5]. - NVIDIA anticipates a revenue of 32.5billionfor3QFY25,reflectingan8.230 billion, with a gross margin of 75.7%, slightly above guidance [1][4]. - The data center segment's revenue was 26.3billion,withasignificantyear−on−yeargrowthof15416.6 billion, reflecting a year-on-year increase of 168.2% [4][6]. Business Segments Performance - Data center revenue accounted for 87.5% of total sales, with compute revenue contributing 22.6billion,ayear−on−yearincreaseof162.52.6 billion, reflecting a year-on-year increase of 15.8% [6][7]. - Automotive revenue reached 346million,withayear−on−yeargrowthof36.850 billion stock buyback program, indicating a commitment to shareholder returns [1][5]. - The anticipated strong demand for the Blackwell series is expected to drive substantial growth in the data center business into next year [1][5].
