Nvidia has reported a record-breaking financial performance for the first quarter of its fiscal year 2024, driven by the surging demand for AI chips. The company achieved a profit of $14 billion in a single quarter and saw its sales grow by 262% year-over-year, reaching $26 billion in Q1. Nvidia's market capitalization has now surpassed the combined value of Amazon and Tesla. The company's data center revenue grew by 427% YoY to $22.6 billion, solidifying its dominance with over 90% market share for data center GPUs. Nvidia's CEO Jensen Huang highlighted the strong demand for AI products and the company's role in powering Tesla's Full Self-Driving technology. The company's stock has reached an all-time high, and it has announced a 10:1 stock split. Nvidia is part of the 'Magnificent 7' stocks, which now account for 31% of the S&P 500.
In other words, Elon Musk has made a commitment to build the best AI infra. $NVDA https://t.co/7rW8Z6BIvy
Trending: Microsoft Copilot+ PCs: Is this the AI computer revolution we’ve been looking for? https://t.co/TpacAU8WQK
🤖🇺🇸 Surprising revelation! 🚨 Windows 11’s Copilot+ AI features, like Recall, can run without a powerful NPU. Intriguing shifts in the AI landscape, raising many eyebrows in the tech community. https://t.co/TYFezWw6QK
Nvidia CEO Jensen Huang discussed the company's Blackwell platform in an exclusive interview Wednesday: "The ability for these data centers to keep up with these large models really depends on the technology that we bring to them." https://t.co/MtLXICMv0y
$NVDA and the AI ecosystem. https://t.co/oA5W11Udm5
Microsoft is integrating AI into all major Windows laptops. https://t.co/Ebta7rIBPI
Unlock a new era of innovation with Windows Copilot Runtime and Copilot+ PCs https://t.co/68wcVGg5Tv #Microsoft #Windows #ArtificialIntelligence
At $2.6 trillion, Nvidia's market cap is now over $900 billion higher than all of the companies in the S&P 500 Energy sector ... combined. The net income of the Energy sector is $128 billion vs. $43 billion for Nvidia. $NVDA $XLE Video: https://t.co/LURGjANtQO https://t.co/r5QZLAJw8X
Nvidia $NVDA CEO Jensen Huang talking about Tesla $TSLA 👀 https://t.co/BWRs7zT2Xv
"Nvidia is worth $2.6 trillion — larger than two Metas, three Berkshire Hathaways, or five ExxonMobils." https://t.co/9Stm2x9aTZ
Best 10-year stretches at any point in time for the mega-caps: NVIDIA $NVDA: +22,080% Microsoft $MSFT: +13,300% Apple $AAPL: +9,650% Amazon $AMZN: +4,730% Meta $META: +1,100% Alphabet $GOOGL: +1,075% $NVDA 👀 https://t.co/Jpomour5fL
Nvidia's blowout quarter shows demand for data centers in the age of artificial intelligence is insatiable. The challenge, according to experts, will be powering the boom. https://t.co/TsNRCBCS8b
Microsoft’s new hard sell: GenAI that lives inside laptops than in the cloud #Microsoft #CopilotPlus https://t.co/ZF5rZ3P8aB
#ElonMusk To Build xAI Supercomputer: 5 Key Facts To Know https://t.co/JD4GKJ7TxM
Elon Musk "AGI by 2025" STUNNING plans for "GIGAFACTORY of Compute" Stanford on AI Sentience Business Insider Reporter eats glue... https://t.co/J83Olws3TK
$MSFT on Tuesday debuted a host of new AI features during its Build conference, including OpenAI’s new GPT-4o, a trio of small language models, and Microsoft’s new Cobalt 100 CPU. https://t.co/psxRK92a5A
#ElonMusk plans largest-ever supercomputer for @xAI startup: report https://t.co/qlh6GgpQkN
IoT Analytics: Nvidia, whose Q1 data center revenue grew 427% YoY to $22.6B, has 90%+ market share for data center GPUs, as Intel and AMD scrap for second place (Nikkei Asia) https://t.co/jeOx6q1REb 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/ztTmGcoFuo
On Monday, $MSFT announced a new category of PCs called Copilot+ PCs, a new variety of computers equipped with so-called AI PC chips and running Microsoft's latest version of Windows 11 and its Copilot AI software. https://t.co/3k6Yrvagab
Nvidia's revenues surge by 262%, hitting $26B in Q1, as the demand for #AI processors fuels a new industrial revolution. 📈🤖 #AINews #AIInvestment #Technology #Investment https://t.co/fBH67jmfOJ
Microsoft’s new hard sell: GenAI that lives inside laptops than in the cloud #Microsoft https://t.co/ZF5rZ3OAl3
Second source : xAI and I’ll use Gigafactories to build supercomputers. Called this weeks ago yes - Gigafactories will make chips - reliable globalization failed. Musk will manufacture and run solar powered Compute Gigafactories. Question is what nodes will he run or will it be… https://t.co/lAwicp1tXo
Here’s the rolling 10-year % change of all the mega-caps since they began trading. No mega-cap has come close to matching NVIDIA’s $NVDA current 10-year run. And the mega-caps have all had some BIG runs to get where they are today. $AAPL $MSFT $GOOGL $AMZN $META $QQQ https://t.co/fwRejmgixW
AGI will be next year. If Elon is correct, you know what it means to $NVDA stock! @elonmusk https://t.co/5GT2JUMHV2
Jensen on $TSLA and training AI using video $NVDA https://t.co/hxVG5UFX4Y
Scoop: Elon Musk is planning a supercomputer for xAI, or what he's calling a "gigafactory of commute" . Via @anissagardizy8 https://t.co/vglNK3yFYB
This week, $NVDA beat earnings and announced a 10:1 split. Do you think $NVDA is a buy currently?
Mag 7 names account for 31% of S&P 500 market cap and $NVDA alone accounts for almost 4% of this year's S&P 500 rally... $MSFT $GOOG $META $AAPL $AMZN $TSLA https://t.co/IdRdIOApFH
Microsoft's new Copilot+ PCs, with Qualcomm's Snapdragon X Elite processors, promise 20x more power for #AI workloads and up to 100x efficiency, redefining PC performance.💻🚀 #Technology #AINews #Copilot https://t.co/r7DZ9MVJlR
Nvidia CEO Jensen Huang shares insights on the strong demand for AI products, Meta's significant advancements with Llama large language models, and Tesla's revolutionary Full Self-Driving technology utilizing generative AI. Read more about these exciting developments in this…
🚨DELL + NVIDIA = NEW AI PCs FOR EVERYONE! Dell has suggested Nvidia-made chips could power Windows AI PCs as soon as next year. Dell's VP: "Nvidia's advanced chips will bring unprecedented performance to consumer PCs, making AI accessible to everyone." The collaboration will… https://t.co/WWXxySL7EW
Microsoft Unveils AI-Powered PCs with Photographic Recall - Movieguide https://t.co/5R460Qtrkx
Wow the AI wars continue @elonmusk plans to build a supercomputer with 100,000 specialized $NVDA GPUs, which would be at least 4x larger than the biggest AI clusters today. More than the 35k $meta has. He who has the most cost/energy efficient compute wins! @anissagardizy8 https://t.co/7jROrZL8DN
$NVDA CEO Jensen Huang believes $TSLA's full self-driving system is the most advanced system out right now. It also just so happens that Tesla’s FSD is powered by Nvidia's chips. https://t.co/fsNjXt8fhe
BREAKING: ELON MUSK POSTS VIDEO OF NVIDIA CEO SAYING “ $TSLA IS FAR AHEAD IN SELF-DRIVING CARS ” 👀 Elon and Jensen are very bullish on robotaxis! https://t.co/MpcQ6xl8eT
Satya Nadella Says Microsoft's AI-Focused Copilot+ Laptops Will Outperform Apple's MacBooks https://t.co/jALPLFjydY
➡️ Bold claim! Satya Nadella asserts that Microsoft's AI-focused Copilot+ laptops will surpass Apple's MacBooks in performance. https://t.co/4qNU5nmRXt
Nvidia investors watching SaaS and AI companies demonstrate their potential https://t.co/eMUu1icjSi
PC makers have been shipping AI PCs for months, but let's be honest: The AI laptop story hasn’t been very exciting. That all changed with Microsoft's 👀 👀 reveal this week 🔗: https://t.co/CmDG9cW3CX https://t.co/tWF69HBWrS
Nvidia sales grew by a whopping 262% year-over-year in Q1 2024. This is 56 percentage points higher than the 206% growth seen in Q4 2023. To put this into perspective, Cisco's sales growth at the 1991 peak was 179%. Over the last 4 quarters, Nvidia's revenue has TRIPLED… https://t.co/zIXPzDRbRM
🚨 Just in: Nvidia just made $14 billion worth of profit in a single quarter thanks to AI chips. https://t.co/3Pd2ErUJmA
BREAKING: ELON MUSK SAYS AGI WILL BE COMING “NEXT YEAR” 🤯 Artificial general intelligence will perhaps also help solve robotaxis! https://t.co/SPhrcuCZB6
$NVDA 30.32 forward PE 107.18% projected EPS growth this year. $SPX 23.25 forward PE 10.7% projected EPS growth this year. $NVDA stock remains far from overvalued. https://t.co/DXOeALQYNp https://t.co/DXe80JRHU4
A new AI era has begun. Microsoft just announced the world's first AI PCs to rival the MacBook. https://t.co/ozx7umaFGU
6 Copilot+ AI features coming to Windows 11 PCs later this year - Times of India https://t.co/ZYSzZKHmPZ
Data Centres and Nvidia's Revenue Boom https://t.co/WjlEX4GYRi
Nvidia Leads AI Computing, Accelerates AI Startups, and Explores Discovery of Artificial Intelligence. https://t.co/lgBVA8E9wa
Dell's new flagship PC is "Powerful with built-in AI" https://t.co/P0hEy8uadP
Here is what Elon has been saying about Nvidia & AI compute in the past year or so. $NVDA https://t.co/PDKMBDBvbg
He is what Elon has been saying about Nvidia & AI compute in the past year or so. $NVDA https://t.co/PDKMBDBvbg
Microsoft's enhanced #Copilot AI assistant now offers Windows Recall, providing users with a virtual photographic memory while ensuring privacy protection. 🤖🔍 #AI #Tech #AINews #ShareForSuccess https://t.co/XfLdmDhnud
NVDA stonk soaring. Talk of the town. It's a great time to be making hardware for AI training. BUT just wait until people figure out the REAL value will be created via the AI applications BUILT on top (e.g. the stuff that needed NVIDIA hardware for training). $TSLA
$NVDA reached an ATH today again! My portfolio has increased 600% (7x) since the beginning of 2023. It's up 115% YTD and 35% in the past 3 months since the AI Patreon community was started. Join our community for the latest updates on AI, Nvidia & Tesla. https://t.co/6SBr4jRWv8
$NVDA reached an ATH today again! My portfolio has increased 600% (7x) since the beginning of 2023. It's up 115% year-to-date and 35% in the past 3 months since the AI Patreon community was started. Join our community for the latest updates on AI & Nvidia. https://t.co/OAu1OUyEqn
Magnificent 7 stocks now account for 31% of the S&P 500, an all-time high 🚨 https://t.co/zcavH8I1tQ
Nvidia will report earnings for its fiscal first quarter after the closing bell today. The high-stakes report will offer new clues into the growth of the market for AI chips. https://t.co/ckbhwA4dqP
$NVDA market-cap now larger than Amazon and Tesla COMBINED. https://t.co/ZF5ldeWWzQ
Nvidia’s Enormous Financial Success Becomes . . . Normal #DL #AI #ML #DeepLearning #ArtificialIntelligence #MachineLearning #ComputerVision #AutonomousVehicles #NeuroMorphic #Robotics https://t.co/EGh6RdYqR8