Nvidia Earnings Blowout: Demand “Off the Charts” and the Next AI Bottleneck скачать в хорошем качестве

Nvidia Earnings Blowout: Demand “Off the Charts” and the Next AI Bottleneck

Welcome back to StocktwitsTV on the road. Host Michele Steele is joined by Michael Parekh, ex Goldman and author of the I Return to Zero Substack, to break down Nvidia earnings as the numbers hit. Nvidia delivered a massive quarter with revenue coming in at $68 billion and record data center revenue of $62 billion. The market immediately shifted to the April quarter guide, where Nvidia forecast Q1 revenue of $76.4 to $79.5 billion, beating expectations by several billion dollars. Michael’s takeaway is simple: the AI infrastructure ramp is not slowing, it is compounding, cutting through a wall of worry around bubbles, demand, and the broader AI narrative. They dig into what is actually constrained in this cycle. Michael says the entire AI data center stack is in short supply for the next year or two, from GPUs to memory chips, and he flags power as another critical input the tech industry does not fully control. Michele asks about gross margins, which came in at 75 percent, and Michael explains why Nvidia, like Apple, sits at the front of the line at Taiwan Semiconductor, giving it more flexibility than competitors, even as demand remains broad enough that multiple players can benefit. Finally, they discuss how this beat could impact the broader sector. Michael expects sentiment to stay volatile but rejects the idea of a software apocalypse, aligning with Jensen that the selloff logic is wrong. He highlights Jensen’s message that computing demand is growing exponentially and that the agentic AI inflection has arrived, pointing to real traction in tools like Claude Code and newer open agent frameworks that expand what chips can enable across industries. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/te... Chapters and Timestamps 00:00 Intro 00:58 Nvidia quarter: $68B revenue, $62B data center record 01:32 Q1 guide: $76.4 to $79.5B and what it signals 02:18 Demand “off the charts and sold out” plus memory stack impacts 02:41 Power as the other key bottleneck 03:04 Gross margin 75 percent: peak or durable 03:25 Supply chain advantage at Taiwan Semiconductor 03:44 Competitors and why it is not zero sum 04:08 Hyperscaler CapEx and diminishing returns debate 05:03 Why GPUs still take the bulk of spend, memory rising but smaller on data centers 05:51 NVDA after hours reaction 06:12 Demand runway: limited for 1 to 3 years, secular turn 07:13 Chatbots to agents: why compute needs go 5x to 10x 08:08 Valuation ceiling question and the post Blackwell roadmap 09:15 Pickaxes and shovels: why investors extrapolate to 2030 09:58 Jensen and the software selloff: “illogical” 10:26 Volatility and the wall of worry 11:10 Why the software apocalypse thesis is wrong 11:55 Bottom up understanding: what these tools enable 12:23 Jensen quote: computing demand exponential, agentic inflection arrived 12:42 Why agentic is now practical 13:08 Claude Code traction and exponential adoption 13:56 Why Jensen’s words carry more weight 14:30 Open source agents and OpenAI acquisition mention 14:51 Wrap and Michael Parekh plug