黄仁勋：卖爆了

Core Viewpoint - Nvidia's third-quarter earnings report exceeded analyst expectations in both revenue and profit, leading to a post-market stock price increase of 4.84%. The CEO, Jensen Huang, criticized the notion of an "AI bubble," providing a positive outlook for the company's future in the AI sector [2][5]. Group 1: Earnings Performance - Nvidia reported strong sales for its Blackwell product, which exceeded expectations, and noted that cloud GPUs are sold out. The AI ecosystem is rapidly expanding, with more foundational model builders and AI startups emerging across various industries and countries [5][6]. - CFO Colette Kress indicated that revenue from Blackwell and Rubin is projected to reach $500 billion from the beginning of this year until the end of 2026 [7]. Group 2: Market Outlook - Huang emphasized that the AI market is far from peaking, with strong demand and supply chain readiness for success at every stage of AI development [5][6]. - Kress highlighted that the transition to GB300 is smooth, with GB300 sales surpassing GB200, contributing approximately two-thirds of Blackwell's total revenue [8]. Group 3: Industry Impact - Kress provided examples of how AI is benefiting clients, such as Meta's AI recommendation system increasing user engagement and Salesforce's engineering team improving efficiency by 30% since adopting AI for coding [9]. - Analyst Angelo Zino noted that Nvidia's business is primarily driven by data centers, with supply constraints expected to persist until 2026, indicating strong revenue potential for data centers [9].