Nvidia Beats Estimates, Approves $25 Billion in Buybacks

The transcript discusses NVIDIA's strong performance in the data center business, with no supply constraints affecting revenue. The fiscal third quarter revenue is expected to exceed analyst estimates. NVIDIA's share buyback plan and its implications for capital return are highlighted. The transcript also covers technological advancements, including the GH200 GPU, and the importance of staying ahead in technology cycles. The potential for customers to adopt new technology is also discussed.

What was the expected revenue for NVIDIA's fiscal third quarter?

• $10 billion ± 2%

• $16 billion ± 2%

• $12 billion ± 2%

• $18 billion ± 2%

What financial strategy did NVIDIA approve to signal future capital return?

• A $25 billion share repurchase plan

• Increasing product prices

• Issuing new stocks

• Reducing operational costs

How did the market respond to NVIDIA's financial strategies?

• Negatively, due to decreased revenue

• Indifferently, with no significant change

• Positively, with a 220% stock run-up

• Negatively, due to increased competition

What is the significance of NVIDIA's GH200 GPU?

• It is a cost-effective solution for small businesses

• It offers larger memory capacity for AI-focused tasks

• It is designed for gaming purposes

• It has a smaller memory capacity than previous models

What is a key concern for NVIDIA's future technology cycles?

• Decreasing demand for GPUs

• Competition from hyperscalers offering their own silicon

• High production costs

• Lack of innovation in AI technology