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A comment on Nvidia hits $2T valuation as AI frenzy grips Wall Street. Parent comment

Re:Nvidia hits $2T valuation as AI frenzy grips Wall Street by acchow on Friday February 23, 2024 @01:54PM (#39484680)
> How much revenue can nvidia realistically have 5 years from now, and at what margins? 100bn in revenue (NVIDIA grossed 25bn last year, so 4x top line growth) at 35% gross margins = 35bn.

I think you are off by a year because NVDA’s fiscal year is 1 year ahead. NVDA’s fiscal 2024 just ended (ended Dec 2023) and was announced this week.

Their latest quarter (ended Dec 2023, fiscal Q4 2024) had 22.1bn in revenue. That’s more revenue than Cisco’s full year in 2000.

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Re:Nvidia hits $2T valuation as AI frenzy grips Wall Street by acchow on Friday February 23, 2024 @04:02PM (#39486049)
Oops I was off by one month.

Nvidia’s fiscal 2024 just ended (ended Jan 2024) and was reported this week.

They are currently in Q1 2025.

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