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Nvidia is still the backbone, just that the firepower is nearing its peak

NVIDIA (NVDA.O) released its third-quarter financial report for the fiscal year 2025 (ending October 2024) after U.S. stock market hours on November 21, Beijing time. The details are as follows: 1. Overall performance: Revenue continues to grow, while gross margin is under temporary pressure. This quarter, NVIDIA achieved revenue of $35.08 billion, a year-on-year increase of 93.6%, better than Bloomberg's consensus expectation ($33.2 billion). The company's revenue growth was mainly driven by increased demand in the data center business. This quarter, NVIDIA achieved a gross margin (GAAP) of 74.6%, better than Bloomberg's consensus expectation (73.3%)...

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