[HN Gopher] Nvidia Earning Results Q3 2023
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Nvidia Earning Results Q3 2023
Author : mfiguiere
Score : 22 points
Date : 2022-11-16 21:24 UTC (1 hours ago)
(HTM) web link (nvidianews.nvidia.com)
(TXT) w3m dump (nvidianews.nvidia.com)
| bb88 wrote:
| At 8:30am start shorting the stock. (I have no position in
| NVidia)
| antiviral wrote:
| Why 8:30am?
| HDThoreaun wrote:
| central time market open?
| guidedlight wrote:
| What is surprising is the Data Centre figure is by far the
| largest component of their revenue, more than twice that of
| "gaming" and close to double what it was in Q4 FY21.
|
| That's phenomenal growth for a product category that was a very
| short time ago almost exclusively desktop-only. I guess ML
| workloads are huge and here to stay.
| potatolicious wrote:
| > _" I guess ML workloads are huge and here to stay."_
|
| I think so but it deserves a bit of a caveat: a lot of ML
| workloads right now are distinctively unprofitable, and like
| all of the unprofitable-venture-funded businesses of the past
| decade, many of which have been culled in the recent downturn,
| there will have to be a reckoning at some point.
|
| There are definitely lots of workloads that produce positive
| ROI for companies, but many more that are heavily subsidized
| (ex. products like Alexa and Google Assistant) and consume a
| vast amount of ML resources.
|
| A lot of ML-centric products suffer from a significant
| departure from the traditional Silicon Valley notion of each
| additional user being zero marginal cost, and products having
| negligible operating costs vs. high fixed costs.
| ftufek wrote:
| A 8xH100 server sells for like 300k+$ (the A100s go for half,
| still very expensive), I'd imagine the margins are pretty high
| on that. The demand for ML models (therefore servers) will
| likely grow now that startups seem to switch from crypto hype
| to ai hype and big tech derives huge value from ml workloads.
| [deleted]
| mfiguiere wrote:
| The Quarterly Revenue Trend[1] shows that the "Gaming" category
| is once again responsible for most of the revenue loss: $1,574M
| this quarter vs $2,042 in Q2. Of course, the "Gaming" category is
| known to includes crypto mining.
|
| [1] Nvidia Quarterly Revenue Trend:
| https://s22.q4cdn.com/364334381/files/doc_financials/2023/Re...
| philjohn wrote:
| Not really any more - crypto crash, plus ETH moving to PoS
| means no real use mining anything, and sane GPU prices for
| gamers.
| UberFly wrote:
| Checking... Checking... Nope, the prices are still insane.
| wfleming wrote:
| Thankfully Nvidia has picked up crypto's slack with a pretty
| not-sane MSRP for the 4090 :)
| foobarian wrote:
| I've been waiting for the promised glut of cheap RTXes but
| somehow it hasn't materialized. Maybe the miners can't easily
| liquidate?
| Macha wrote:
| RTX 3080 Ti is EUR650 on ebay buy it now on a $1200 MSRP,
| how much of a discount are you expecting?
| ftufek wrote:
| Not sure how much crypto mining going away affects it though,
| demand is still there, you just can't buy their cards right
| now. I've been trying to buy a few rtx 4090s since launch day
| and it's nowhere to be found.
|
| On the off chance you get to put it in your cart, it either
| disappears by the time you check out or the order gets voided
| afterwards. It rarely stays in stock longer than a few mins.
| EugeneOZ wrote:
| Why you need a few of them? GPU mining is completely dead.
|
| Try different countries - there will be delivery cost, but it
| will not be so comparable to the price.
| teach wrote:
| Youtuber Moore's Law is Dead claims this is on purpose to
| allow AIBs to clear out their existing oversupply of
| 30x0-series cards.
| Bewelge wrote:
| I usually don't do this but... AIBs?
|
| Google is only giving me Allied Irish Banks. Somehow I feel
| that's not what you're talking about.
| kernelbugs wrote:
| The trick in this case was to search Nvidia AIBs.
|
| > Nvidia Add-in Board (AIB) partners ... The list
| includes Inno3D, MSI, ASUS, Palit, Colorful, PNY
| pooper wrote:
| You'll get reddit if you search aib nVidia
|
| https://old.reddit.com/r/Amd/comments/4pma4q/terminology_
| all...
|
| Quote:
|
| There seems to be some confusion regarding the acronym
| AIB, and many are using AIB to refer to 'non reference'
| graphics card designs.
|
| AIB is an acronym for Add In Board as used within the
| video card industry. The 'graphics' part is implied by
| the industry context.
|
| All Graphics cards are AIB.
|
| http://jonpeddie.com/press-releases/details/add-in-board-
| mar...
|
| An AIB supplier or an AIB partner is a company that buys
| the AMD (or Nvidia) Graphics Processor Unit to put on a
| board and then bring a complete and usable Graphics Card
| or AIB to market.
|
| See AMD's article on Partners (including AIB, OE, System
| Builder) here: http://support.amd.com/en-us/kb-
| articles/Pages/AMDPartnersAI...
|
| The term AIB has absolutely nothing to do with what ports
| are available, the design of the pcb, or the cooler
| design.
|
| AIB literally just means "it's a graphics card".
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(page generated 2022-11-16 23:00 UTC)