Overview
- Analysts expect Nvidia to report roughly 56% revenue growth to about $55 billion for the August–October quarter, a slower pace than prior triple‑digit surges.
- CEO Jensen Huang has cited about $500 billion in advanced‑chip bookings through 2026, with demand for Blackwell strong even as supply depends on TSMC capacity and memory availability.
- Nvidia’s expanding, more complex systems and the Blackwell and upcoming Rubin ramps are expected to trim adjusted gross margin by nearly 2 percentage points from a year earlier.
- Investor nerves have intensified after Peter Thiel’s fund and SoftBank disclosed full exits from Nvidia and Michael Burry wagered against the stock while arguing AI hardware depreciation is understated.
- U.S. export curbs continue to block Nvidia’s most advanced chips from China, and Huang has said there are no active discussions to sell Blackwell there after China was removed from prior forecasts.