NVDA Didn’t Crush Earnings

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by TerranOPZ

I’m seeing a lot of butthurt people pumping that Nvidia’s numbers were amazing. I’m seeing it a lot on bagholder news networks and grifttube when I google “nvidia results”.

Revenue guidance of 20.0b on 18.1b is a complete joke. That is a massive slow down for what is supposed to be a massive new market. They grew around ~7b and ~5b last two quarters. Add in China and AMD and the future doesn’t seem so bright.

See also  NVIDIA just reported earnings and it's down 5% after hours. $NVDA reported $30 Billion in revenue for Q2 (3.8% higher than expectations.) This is its lowest earnings beat in 18 months.

They might survive another quarter, I don’t really know. But at some point, just spamming “AI AI AI AI” in your conference calls isn’t going to work anymore. Either way, say good bye to your “upper resistance level” on your stupid Webull charts at $500 because that shit is not ever going near $500 again.

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