A concise summary of NVIDIA Q2 2024 earnings call

nvidia's sale in quarter 2 2024 is 30 billion II 12.2% uh no 122% increase it is expected to be 32.5 billion in Q3 sales are divided into various categories but everyone's interest is data center it accounts for 87% of total sales with 26 billion more importantly this huge growth rate it increased 154% year-over-year and 16% quarter over quarter however the QQ growth rate continues to show a decrease in Trend it's not good news for investors annual sales of 96 billion are only 25% of Apple but the market cap of about 2 billion 36 million is 32 times the sales you can see the high expectations people have for NVIDIA operating profit is about 18 billion and the operating profit rate is 62% wow Microsoft is 44% and apple is 31% so compare them it will be very interesting to see how long Nvidia will enjoy the benefits of its Monopoly and continue to draw historical charts