Surveillance: Flying Blind with Bryson
Bloomberg Surveillance
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Nvidia's Forecast for Sales During the Forward-Looking Period Was 53% Higher Than Analyst Estimates
The company's forecast for sales during the forward-looking period was 53% higher than analyst estimates. I think the generative AI wave is catching up. Everyone right now wants to invest in this. Last year, we were in a supply crunch situation where Nvidia was one of the vendors that was going to TSMC. Now that supply has normalized, they can make a lot more of these and they can satisfy that insatiable demand on the data center side. So I do think the supply chain easing is helping them. The gross margin is close to 70% for next quarter. That's like a software like margin. And you're seeing that gross margin expansion on the back of very high
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