It's Thursday, August 19th. Welcome to Marketfoolery. I'm Chris Hill with me today, Mr. Tim

Buyers. Thanks for being here. Thanks for having me, Chris. Good to see you. Good to see

you. We've got more tech-related earnings. We are going to start with the chipmaker

in video. Second quarter revenue came in higher than expected and management's guidance

for third quarter revenue was also higher than analysts were expecting and shares of

in video up 6%. This on the surface looks pretty good. What does it look like underneath

the surface? It's the gift that keeps on giving. I mean, like the jelly of the month club.

I mean, total revenue up 68% here. Revenue for the outlook like you were talking about, Chris,

6.8 billion for the third quarter of fiscal 2022. That is definitely higher than analysts

expected. I have been calling this a data center company that does gaming. I'm going

to say I was wrong about this only in the sense of this quarter because boy, this quarter

in videos gaming business was absolutely in Fuego on fire. Up 85% to 3.06 billion, up

11% from the previous quarter. This, I mean, it is still very much a cloud story here, Chris,

because for those who do not know, Nvidia has arguably the top rated cloud gaming

business in the world in GeForce now. That is now supporting over more than 1,000 PC games

on old computers. Nvidia is really killing it here. Now, the data center business, Chris,

was up 35%. It's still a phenomenal business. I think when you think about Nvidia,

it just does more stuff than you think it does. It doesn't just make chips. It makes these

graphs cards that go into your gaming console. They also make servers that go into data centers.

They are making a cloud gaming service that people like and are actually using.

They're making software for doing AI tooling. Nvidia is a shockingly well-organized,

but still pretty diversified business, Chris. I think the market may be starting to notice that.

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