NVIDA more than doubled profit and revenue YoY to $59.69 billion and $96.22 billion respectively. Gross margins are 75%.
Maybe it is a bubble, but those numbers are eye-popping.
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Yahoo Finance annual chart shows Nvidia earnings growing from 72.88B to 120.07B in 2026. A 64.75% increase.
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The NVDA press release notes that the revenue of $96.2 billion was up 106% from a year ago. Net income was up 126% or 118% (GAAP vs non-GAAP).
DB2
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Interesting that the law of big numbers is often cited as a reason not to invest in Nvidia. How can a company that large double its earnings. Yet Nvidia continues to deliver outstanding results.
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Yes they do keep growing. But at least partially this is because a lot of their customers are being paid to be able to afford the absurdly high price (and high margin) AI chips.
Mike
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The prices remain high because the market is supply constrained. Nvidia can’t procure enough chips. The world needs another Taiwan Semi and/or other companies need to develop less expensive versions that meet their needs.
DB2
Nvidia chips are still the industry leaders. Competition is increasing but their chips are still preferred. And most are trained on their software to program them.
Meanwhile Nvidia is taking equity positions from some customers as payment for some chips. That implies additional risk but could pay big dividends if those companies prosper.
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Maybe a company like AMD could develop a competing product I’m thinking 
…doc
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Half a dozen companies including AMD have announced their own AI chips. Some are using their own chips in their own data centers. That could be much less costly.
Nvida remains the preferred supplier for top performing chips. But lesser performance may be suitable in many applications. A series of performance tiers could be developing. When Nvida chips are sold out, alternatives available now could be attractive.
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