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[deleted] t1_j9nez7s wrote

[deleted]

416

Beelzabubba t1_j9nga6y wrote

I bought puts before close, that’s why it went up after hours.

Looks like the house is going to win this one.

148

sleepyguy007 t1_j9nlcqj wrote

I did too, but I think theres a decent chance of this massively reversing through tommorrow similar to doordash's horrible earnings last week.

28

persononearth23 t1_j9o6js1 wrote

Buy more, fuck nvidia, keeing gpu prices so fking high my god

18

banditcleaner2 t1_j9uixiq wrote

nothing but demand is keeping gpu prices high, why shouldnt they keep them high lol?

1

718cs t1_j9oqizh wrote

Lol you’re about to get blown up

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sleepyguy007 t1_j9oqy02 wrote

I mean I bought 1 put so it's not a big deal I just think with how expensive it is it's possible. Could be a good time to get march or April puts

1

Skeeter_206 t1_j9ouxeo wrote

Nvidia doesn't trade at it's price point because of graphics cards and revenue, it does so for long term prospects of AI... And this earnings report was a big win in that department

−1

sleepyguy007 t1_j9ov6ed wrote

I'm pretty sure I he other chip makers can do something and catch up. Building a blob of silicon to process's random commands isn't something Intel and AMD can't do. Also as a software engineer don't believe this matters for like 30 years.

2

greenvillebk t1_j9pgy69 wrote

I don’t want to make you a generalization, but this is classic software engineer underestimating how hard it is to create physical things. Including the cutting edge of manufacturing technology. I would love for you to actually look up the manufacturing process of computer chips and compare that to whatever product management plan you may be following.

3

VenmoSnake t1_j9owznz wrote

30 years from now? AI is being increasingly adopted by major companies and it’s not just tech. Today Microsoft and Morgan Stanley are both in on OpenAI Chat GPT among others.

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cheeeezeburgers t1_j9rvari wrote

Well if the last 5 years is any indication, this is infact something Intel can't do. Also, considering that most software engineers can't do what they do and hardware is 10X harder. I think you might be overestimating your skills here a bit.

2

banditcleaner2 t1_j9uiuwz wrote

shorted a ton of naked 250 calls on nvda yesterday before close, who got blown up here? you did mf, gg

1

718cs t1_j9vkvld wrote

I did not own any Nvidia calls or puts. No blow for me

1

Chester-Ming t1_j9ofy5t wrote

The house always wins fam, haven't you been in a casino before?

3

Sweet-Ad2579 t1_j9ry9pw wrote

depends how much theta you got i think this is just longs pumping it up with calls to sell out and generate some bag holders with their price target increases.

2

Beelzabubba t1_j9s1t7r wrote

I appreciate your optimism but my $205 strike expires tomorrow and I paid $6 for them.

I lost this round but I’ll get it back when I coattail ride the eventual fall. At this point, it’s going to be a spite trade.

1

Sweet-Ad2579 t1_j9s48e0 wrote

haha yeah, get some theta this time. the market can stay irrational longer than you can stay solvent :D

1

dweeegs t1_j9no4gf wrote

Yes, this is valid, but also have u considered AI good? waves hands

AI AI AI AI AI AI AI AI AI

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bradleyh2 t1_j9ng9s1 wrote

These are all positive things in the eyes of the trading gods gif

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Burgundy_Blue t1_j9nvw8y wrote

Mhh but have you considered the near 9 billion they spent on repurchasing common stock

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StuartMcNight t1_j9ockfm wrote

Share prices down >30% from ATH. Even after the massive run.

You forgot that one.

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ladydhawaii t1_j9o4gj5 wrote

Ok, now you make me want to sell my stock.

3

SuperAppleLover t1_j9o8ekr wrote

Why sell when we just started the bull run?

2

ladydhawaii t1_j9swmy6 wrote

True. You saved me!!!! Sometimes I just feel it’s over priced. Sticking with it.

1

SuperAppleLover t1_j9t2qn6 wrote

Just kidding, sell that crap.

2

ladydhawaii t1_j9uz9ta wrote

Sold others and bought SH. Good move for the short term. Pretty soon will go dumpster diving.

1

getgoingfast t1_j9nbh6d wrote

Oh but it's up was 8% AH. That's what matters...

210

microdosingrn t1_j9oqri2 wrote

It's only trading at 80x forward earnings. Isn't that good?

25

pokeholo23 t1_j9qwb2u wrote

excuse me sir, would you like to learn about AI ?

5

1L0G1C t1_j9qi00f wrote

Being profitable is just the cherry, is the tech that people are buying.

2

Desperate_Wafer_8566 t1_j9s6ba7 wrote

Right, if the market made any sense, Tesla would be treated like the 13th largest auto manufacturer in the world, not the largest.

2

SateliteDicPic t1_j9nfdre wrote

The CEO said AI like 10 times so I’m sure it will go straight to 230 tomorrow. Who cares about silly things like revenues shrinking, FCF decreasing when they delivered big time on buzz words! These equity valuations just keep getting more regarded.

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jrscubs t1_j9njyrv wrote

Over 25x actually lol

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Radman41 t1_j9o95rz wrote

That's my new go to phrase when I go to the Barr to get some ladies.

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itsnotthatbad21 t1_j9nd11m wrote

Yep it just keeps going up in a delusional straight path upwards. Can’t help but feel shafted having puts

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jrscubs t1_j9njxhn wrote

Hopefully you have theta… the rise is not sustainable especially in the face of the falling market

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dweeegs t1_j9nnx9q wrote

That’s where you’re wrong kiddo 😎

😢

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Trotter823 t1_j9rzi4z wrote

Being right at the wrong time is the same as being wrong

2

plompkin t1_j9nvu2a wrote

Huh, so having your flagship product rotting on shelves at a 20 year price high while making nebulous promises about shit like AI is bad for your business???

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That-Whereas3367 t1_j9nzwgc wrote

If you adjust for inflation flagship prices have barely increased. eg The GTX Titan cost the equivalent of $1300 in 2014.

−28

plompkin t1_j9o0u7v wrote

You should be comparing to the 80 series, or 90 series after the lineup changed to RTX cards. Those are the chips developed first and that the rest of the line is built from, while cards like the Titan are enthusiast grade products.

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That-Whereas3367 t1_j9oxq21 wrote

The GTX 980 was equivalent to ~$720 The same as a RTX 4070.

The Titan was the equivalent of the 4080 16GB. They are the same price inflation adjusted.

GPUs don't cost more. People just ignore inflation.

0

Serious-Reception-12 t1_j9pcp5r wrote

Shouldn’t you compare the 4070 to a gtx 970? I bought a 970 about a year after release for ~400CAD. About 500 adjusted for inflation. Now, the rtx 3070 is 800-900. 60% more expensive in real terms.

3

hishazelglance t1_j9nfmrb wrote

I was strongly considering getting long dated puts today because of how much they’ve run up for seemingly little reason. Glad I didn’t.

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Squizgarr t1_j9nhunf wrote

The puts are cheap now! BUY BUY BUY!

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mirandasou t1_j9p7ec2 wrote

Did this, new put gain already at 20%, but overall still in the red from last week put lols

2

Shivin302 t1_j9nk30v wrote

I'm thinking of buying some at open if it tanks after earnings like TWLO did

3

FancyGonzo t1_j9no0oq wrote

Computers are NOT the future!!! Why aren’t my 2 week puts printing reeeeeee

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RockmanMike t1_j9ndt7w wrote

Same thing with Tesla. Took a week for it to correct a little bit so I bought puts expiring next week in the hopes there's a selloff this week and next.

Not to mention Cathy offloaded a boatload, but apparently stonks only go up when large hodlings get sold.

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gaurav0792 t1_j9nr7e5 wrote

Cathie has almost perfect timing. And by perfect I mean regarded.

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Dry_Dare_5741 t1_j9o1wf2 wrote

Tesla to the moooooney bro. Puts gonna give u pain no money. My uncle would tell us no money no honey. So no honey for u.

2

Sweet-Ad2579 t1_j9oebrk wrote

lol this pump might be her shares getting recalled from loaning out to sell lols

0

Sevusal14 t1_j9niqnb wrote

Give it few weeks. It will be back to $170

18

GfyNut t1_j9pdx69 wrote

It better. That’s my strike for Jan ‘24.

3

andreyred t1_j9q67zw wrote

I hope so, I'm buy $170 puts for March 10 or 17th... not sure yet

2

i_bid_thee_adieu t1_j9ntq6c wrote

LET'S FUCKING GOOOOO

🚀🚀🚀🚀🚀🧑‍🚀🌜🌝🌝🌝🌝📈

10

FI_investor OP t1_j9nurf9 wrote

Revenue is down and SBC is up. Bullish 🚀🚀🚀

3

[deleted] t1_j9oav7r wrote

[deleted]

8

That-Whereas3367 t1_j9p0yt2 wrote

The major cloud providers have huge excess capacity of GPUs sitting idle.

The GPU upgrade cycle is ~10 years (The 2012 Kepler series has recently been deprecated) .

TPUs give an order of magnitude better price performance than GPUs for AI.

Anybody expecting a rush of purchases is deluded.

5

_foldLeft t1_j9od1uq wrote

They barely beat lowered guidance and their revs are down double-digits YoY with costs up.
AI is a complete meme

4

[deleted] t1_j9ogzsk wrote

[deleted]

3

Quality_Ass_Rep t1_j9p1eiv wrote

And how powerful or valuable of a GPU does one need to drive that tech vs a stronger CPU?

AI will drive a high tide for many tech stocks, but once it's obvious that these companies benefit little from AI, then they will crash.

Let's see what they can do, but that P/E ratio is absurd... it's like Tesla and Airbnb combined lmao

1

SpaceballsTheCritic t1_j9p72fz wrote

How powerful? Think of it more like a semi truck and a Ferarri. Both have use cases and limitations and if you want to fully leverage the road.

1

OutOfBananaException t1_j9oimyn wrote

Which is what makes it weird, the core investment thesis was a miss, coming in below expectations for DC revenue.

1

KeenStudent t1_j9novka wrote

is this what is taught in finance classes?

FuDAmenTal AnALYsIS

7

MarjunC t1_j9pgzy0 wrote

Holding nvidia bag since $33

AI bitches AI!

7

cdub69420 t1_j9t94x1 wrote

Long term Nvda here love drinking the tears of all these whiny haters

2

crackcodyscrack t1_j9o688p wrote

You guys forget Jensen Hwang calling up Satya and his boy Brad Smith the night before earnings call every single time to announce a new partnership with practically zero follow through. Uh oh, M$ and NVDAI partnering up, uh oh, pump a bit more. Feels like his scheme is borderline criminal. Isn't there something about investor misleading, NKLA style?

5

Dajoey120 t1_j9nkjk9 wrote

I’ll watch how this goes tomorrow morning but might have to buy some 3-4 month puts tomorrow. Markets irrational at this point for nvidia.

4

Diamondhands4dagainz t1_j9o3wzl wrote

AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI

4

VisualMod t1_j9nb8g2 wrote

Weighted average shares used in diluted net income per share computation 2,477 2,499 2,545 2,507 2,535 GAAP net cash provided by operating activities $2249 $392 $3033 $5641 $9108 Purchases related to property and equipment and intangible assets (509) (530) (273) (1833) (-976) Principal payments on property and equipment and intangible assets (-4) (-18)-21-58-83 Free cash flow$1736 -156 2739 3750 8049 -37% -53%

3

leeghandiz4me t1_j9nihlt wrote

What, so they’ve been spending it on buybacks?

3

ElevationAV t1_j9o4195 wrote

Jokes on you thinking fundamentals matter at all 🙃

3

Sweet-Ad2579 t1_j9odyor wrote

Analysts upgrade their price targets. lols. Please hold their bags. Wait for a couple days perhaps and then puts. Unless it's just puts at open. Did you listen to the earnings call? They didn't even mention what they do. Just AI AI AI. Don't mention the video cards that are not selling!

3

nitoupdx t1_j9oiut9 wrote

They slapped on so much ai lipstick on that pig

3

Henny_Bogan t1_j9opbfs wrote

Yeah but they said "AI" in their call so a 100 P/E is reasonable

3

shyrambo t1_j9nhjf7 wrote

But but .. they got the shiny new Operating system for AI.

2

thuglyfeyo t1_j9nz0o8 wrote

I see big pp number and I see smol pp number and I connect I am big investor

2

backruptcyfomo t1_j9osd93 wrote

It is all price in bro. R3tards... I mean retail are buying in so it will only go up

2

michael_faraway t1_j9puaz9 wrote

Yeah, learned a long time ago that I can be right about the earnings call and very wrong about the market reaction.

2

hermeticstudy t1_j9pvgcp wrote

Cyclical semi downturn in 2022 plus working capital drag from higher purchase commitment payments to TSMC et al. What’s the surprise?

2

CoolFirefighter930 t1_j9q1zl2 wrote

What the hell has happened to WSB. When this happened a couple of years ago eveone was like shooting 🚀 🚀 🚀 to the moon and now its like yall are just like the opposite.

2

Level-Revolution8408 t1_j9r8il9 wrote

Market is like high school, where even crappy people can be popular. Fundamentals and future performance be damned!

2

vwxyzabcdef t1_j9rettd wrote

Weak data center sales into Jan were just “a timing issue”. Yeah, let’s see about that.

2

amach9 t1_j9s05lz wrote

So I should sell my 50 shares tomorrow and use the money to buys puts expiring in 2-3 weeks?

2

VisualMod t1_j9nb7wm wrote

User Report
Total Submissions 3 First Seen In WSB 3 weeks ago
Total Comments 7 Previous Best DD
Account Age 3 weeks [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
1

sescobreezy727 t1_j9nq6zp wrote

Ethereum mining was huge for these guys.

1

Due-Employee9272 t1_j9o063i wrote

Probably priced in already considering they beat on analyst expectations. Plus AI being the new shiny thing that the media shove in our faces, they can use this to rally investors until that bursts.

1

RedOctobrrr t1_j9o4wql wrote

  • Step 1: lower expectations

  • Step 2: beat lowered expectations

  • Step 3: stonk go up

  • Step 4: repeat

9

StuartMcNight t1_j9octyo wrote

Well… stonk was going down significantly last year while they were posting record numbers. Nobody seemed to be writing this types of sarcastic posts back then.

4

Dry_Dare_5741 t1_j9o1m0x wrote

Yah but it’s up after earnings and will continue to run. They are massively in AI and are the best chip stock.

1

peykari t1_j9o9pgn wrote

it will go down today anyway.

1

ride_electric_bike t1_j9of2vy wrote

It's guidance was up something like 8percent tho 🤔

1

idkeverynameistaken9 t1_j9om790 wrote

I sold most of my shares into the rally this year, and now after the AH rally I’m going to sell the last remaining four. I’m happy if Nvidia does well but the evaluation seems to be based solely on AI generated cocaine

1

CamoKilla223 t1_j9omo7a wrote

dont worry its already priced in

1

agilmore1080 t1_j9ong3l wrote

Doesn't matter. They're selling AI chips now. LOL

1

Crimson_Situ t1_j9ooeb5 wrote

They sell graphic cards at a freaking high price. I'm glad to see this report.

1

Aj_bary t1_j9ooirj wrote

With the crash of crypto and the only retail customers they still sell to are ones who can afford a $700 plus gpu this isn’t surprising.

1

noyrb1 t1_j9oojuq wrote

Bullish

1

SwedishFish123 t1_j9ooko4 wrote

Wonder if they’ve sold to lease their facilities yet

1

drmrcurious t1_j9ooucs wrote

why does it go from right to left? Stupid accountants

1

anon_cp t1_j9opf12 wrote

Well… what’s their investment looking like?

1

Psyclist80 t1_j9rr4k5 wrote

AMD about pass them in revenue... Gonna be interesting in 3-5 years!

1

cheeeezeburgers t1_j9rux7p wrote

This is what happens when you double your prices because crypto and crypto goes down.

1

assclown356 t1_j9rw4c9 wrote

Tell us you have puts without telling us you have puts.

1

3_percent_beef t1_j9s1gwz wrote

Yeah but did you hear the ceo say AI

1

FI_investor OP t1_j9s1qwc wrote

Difficult not to hear it since AI was mentioned "only" 75 times img

1

trojanmana t1_ja24b02 wrote

who the fek is gonna buy their shit in this economy. enterprise sales prob down. pc down.

1

professorpuddle t1_j9nko3y wrote

Fcf is too volatile to say -53% is meaningful.

0

Highzenbrrg t1_j9nnomx wrote

It's gonna drop so hard. Fcf = net op. profit - investments.. investment is not good with high interest rates. I'm also assuming they aren't really investing.

0

Darth_Cartsalot t1_j9nr97z wrote

Nvidia gets what they fucking deserve. Give me a card that melts will ya?!?@?!

0

[deleted] t1_j9nyn21 wrote

[deleted]

0

RedOctobrrr t1_j9o4zw3 wrote

>That's what you get

So you're saying it worked for them? The stock shot upwards, not downwards.

3

Gtek_dev t1_j9o8v17 wrote

I have no clue what these charts mean, I just put words together hoping they make sense

3

Rim_World t1_j9odsgh wrote

You shut your mouth!

AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI AI!!!!!

0

317862314 t1_j9oji4r wrote

I remember when you couldn't buy GPUs due to crypto mining.
I would think crypto mining going away would be priced in?

0

Abject-Kiwi7338 t1_j9rapig wrote

free cashflow is shit for many years already. Just playing a possible exponentiell future growth and momentum. Remember TSLA it had a P/E of 700 img

0