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The Financial Results Thread
- Thread starter Kaapstad
- Start date
Soldato
UP 46% year over year. <eyes emoji>
Soldato
Impressive YoY revenue growth but that ARM acquisition debacle proved to expensive $1.36B! I'm curious if Nvidia can keep this pace up in the wake of a softening economic environment and raising inflation.
Soldato
Market leading profit margin as well 
Caporegime
Are they??????? the MSRP on the RTX 3070 is $499, they are still priced way over that.
The firesale has already started.
Caporegime
Why can't i get decent AIB 3070 for under £600? that's about £100 over what they should be.
The biggest cuts seem to be at the top end for both Nvidia and amd, I haven't seen much cuts at mid range. It's the 6900xt, 3090ti, 3090, 3080ti and 3080 that have the cuts
The cheapest 6900xt I've come across so far was 650 pounds, cheapest 3080 also 650 pounds and cheapest 3090ti 1100 pounds
Soldato
- Joined
- 22 Nov 2018
- Posts
- 2,810
So people with lots of money at the high end get big discounts while those who are struggling at the low and mid range pay full price. Typical broken society.
Caporegime
+1.
I doubt Nvidia will reduce prices.... they certainly expected the crypto boom to never end though so likely have tons of cores they wish they didnt.
wouldn't suprise me if they would rather grind them to dust than sell them for a good price in some silly attempt to keep their "Premium brand"
Caporegime
Does no one at Nvidia understand Crypto mining?
The more the coin is mined the more the difficulty ramps up, it gets to the point where it doesn't matter how powerful and efficient your card is eventually it costs more to mine than its worth.
Crypto mining always has a finite life span.
The more the coin is mined the more the difficulty ramps up, it gets to the point where it doesn't matter how powerful and efficient your card is eventually it costs more to mine than its worth.
Crypto mining always has a finite life span.
Impossible to have the hindsight when you're selling everything that you're making no matter the price earning record breaking cash.
Plus, didn't they get into trouble the last time about misleading shareholders about their exposure? Might only have been a lawsuit though. Guess unless the regulators censor them, nothing happens. And even then, Musk seems to only ever get lightly slapped, so no wonder Nvidia's key people think they can say whatever the feel like!
Soldato
Nvidia Q2 FY23 results, revenue summary:
Not great reading is it. Gaming doesn't surprise me but the almost flat growth in Data Center would worry me if I were a Nvidia investor given the margins involved.
Not great reading is it. Gaming doesn't surprise me but the almost flat growth in Data Center would worry me if I were a Nvidia investor given the margins involved.