Nvidia Quarter 4 Guidance Shows Bullish Sentiment

2 months ago

Jose Najarro

"Now revenue for quarter 4 guidance. Now, this is what we want. Guidance right now consensus are expected to be somewhere around 61 to62 billion. Now the bullish models are actually looking at maybe closer to 63 to 64 billion. If we want any excitement in AI stocks after Nvidia earnings that's what you want to see. You want to see that bullish model closer to the mid60 billion in guidance. Data center expected guidance is expected to be closer to 54 to 56 potential upside with some analyst seeing closer to 58 guidance. And gross margins were expected to kind of go back to those mid guidance for quarter 4 expecting 7475. So I expect gross margins to definitely be within the consensus. Now for me I am expecting closer to $63 billion in quarter 4 guidance due to the massive order backlog."

The speaker highlights Nvidia's upcoming quarter 4 earnings guidance, emphasizing that while consensus expects revenue in the low 60 billion range, bullish models push for figures closer to 63-64 billion. He believes that strong data center performance and a massive order backlog support this outlook, reinforcing his bullish sentiment despite minor market concerns.

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