Thu. 08/24 – Nvidia Blows The Roof Off The Place
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 24 August 2023
⏱️ 18 minutes
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| 0:00.0 | Welcome to the Tech Meme Right Home for Thursday, August 24th, |
| 0:07.0 | 2023. I'm Brian McCullough today. |
| 0:09.0 | Invidia gives new meeting to the words earnings beat. |
| 0:12.0 | Meta announces code llama, Tic-Toc might |
| 0:14.8 | start banning links to Amazon. Spacex wants Starlink to be viable in cities too and |
| 0:20.4 | turning thoughts into speech via an AI interface becomes real. |
| 0:24.4 | Here's what you miss today in the world of tech. |
| 0:26.4 | Well as people were anticipating, and Vidia had an earnings call for the ages yesterday |
| 0:37.0 | reporting Q2 revenue up 101% year over year to $13.51 billion versus the estimated revenue number was $11.22 billion, so that's quite the beat. |
| 0:53.0 | Also, data center revenue was up 171% year over year to 10.32 billion dollars. |
| 0:59.0 | Let me pause for a second and underline that. |
| 1:02.0 | We've spoken about the data center business and how that was a growth area for |
| 1:04.8 | NVIDIA. Also how in this new AI era, it's kind of all cloud. You don't tend to run, you know, an |
| 1:11.9 | LLLM locally, but in the cloud via say chat gpets |
| 1:16.0 | APIs anyway data center revenue grew 171% year over year but that hides the |
| 1:22.2 | really impressive number which is that |
| 1:24.0 | NVIDIA grew data center sales 141% quarter over quarter which is to say |
| 1:30.0 | two quarters ago data center sales were 4.3 billion dollars. |
| 1:34.3 | Last quarter they were 10.3 billion dollars. |
| 1:38.3 | They grew that much in three months. |
| 1:41.6 | Something, something everyone's trying to buy their chips to deploy |
| 1:46.1 | LLLMs. Quoting CMBC with more superlatives, remember they just reported |
... |
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