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Nvidia announces financial results for first quarter fiscal 2025

nvidianews.nvidia.com

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Re: Nvidia announces financial results for first quarter fiscal 2025

#271

Post by throwaway2037 »

bobo_legos wrote: post #190
abduhl wrote: post #156

Earlier quoted context omitted.

$869 sale means you sold between March 2024 and last week. Let’s game this out: 100 shares of NVDA at 453 pared down to just profits from 869 sale would mean holding about 48 shares and selling 52 shares. After today’s after hours movement your invested profit would be worth about $48k, or about $6300 more than when you cashed out your initial investment ($41712). You take that same $41712 and buy INTC between March…

I have a 6 figure profit in NVDA shares right now. Cost basis is something like $100. I have considered selling( or at what price I would sell). The problem I have is what could I possibly buy with that profit? Intel hasn't shown that they have a real plan. The move in META seems to have already happened. I don't trust that Alphabet has any idea what they're doing. I could buy more Microsoft or Amazon shares I guess.…

Your last paragraph: I would recommend this instead: VOO-Vanguard S&P 500 ETF

Re: Nvidia announces financial results for first quarter fiscal 2025

#272

Post by ein0p »

tharmas wrote: post #116
UncleMeat wrote: post #78

Earlier quoted context omitted.

On the other hand, my uncle lost a fortune investing in a wireless networking company in the 00s. He has worked an entire career in networking and has contributed to bleeding edge systems in the area. This company had excellent tech, but ultimately didn't succeed. A lifetime of savings kaput. nvidia's p/e is also insanely high. "Wow they sure sell a shitload of product" isn't necessarily enough to justify the price.…

True. But another piece of knowledge about Nvidia is its competitors are waaaaaaaaay behind. They stand peerless. Another piece of information is that CUDA software was provide free or cheaply to Universities doing LLM research I think. And the software is easy to use.

For training workloads? Yes. For inference? Nope. Their competition is very technically strong there. The lack of market attention (pun intended) is utterly baffling there. And before someone inevitably chimes in about CUDA - for inference you don’t need it. Ask Google for example.

Re: Nvidia announces financial results for first quarter fiscal 2025

#273

Post by theGnuMe »

hi-v-rocknroll wrote: post #194

And they only have ~18 months of absurd profits from just a couple of customers (Meta and Microsoft/OpenAI) who are likely to realize they don't have the revenue to support 10 figure CapEx and will chose to develop their own chips, cutting NVIDIA out of the loop. I foresee Nvidia stock playing out like a softer version of iomega that will still have consumer demand, but not as much temporary demand from the megacorps…

The race to build their own chips vs buy nvidia… I imagine they do both. Any nvidia they leave lying around the others will buy and start training models with. Arms race basically and you don’t want your enemy buying the alternative.

Re: Nvidia announces financial results for first quarter fiscal 2025

#274

Post by jldugger »

SkipperCat wrote: post #172
jldugger wrote: post #155

Earlier quoted context omitted.

It's absolutely treated as insider info by policy where I work. It might not rise to SEC enforcement action, but if caught you probably won't have a job anymore...

Why would your employer care what you invested in? How would they be impacted if you bought or sold public stock of someone they interact with? Would they care if you traded Google, Apple, Microsoft or Oracle? I think most employers wouldn't care at all.

One possible explanation is that we require this of our vendors and suppliers, and the easiest way to achieve that is by making it reciprocal.

The actual policy wording:

> No Third-Party Trading or Tipping. Do not trade in the securities of another company when aware of material nonpublic information about that company in connection with your work at ******. This includes trading in the stock of ****** suppliers, manufacturers, vendors, or customers, such as cellular network carriers or other channel partners. You must also not tip material nonpublic information about another company.

Re: Nvidia announces financial results for first quarter fiscal 2025

#275

Post by theGnuMe »

legitster wrote: post #20

I know it's never going to happen, but Nvidia really should spin off their consumer division - it's such a complete afterthought at this point. They are sitting on all of this amazing technology but just kind of stringing along the market at this point.

The consumer cards are just nerfed enterprise ones anyway.

Re: Nvidia announces financial results for first quarter fiscal 2025

#276

Post by kevstev »

AnotherGoodName wrote: post #46

This stock is a great example of invest in stocks where you have strong knowledge. I saw pallets of h100s shipping that were worth 100s of millions each pallet (each card is $40k and you can fit a lot on a pallet) as someone working for a company buying these and knowing that many other companies were doing the same (we have 12+ months of back orders with nvidia alone). I invested last year at ~$250 when redditors we…

I agree here. Bought some well over a decade ago because of their dominance in gpus. Bought some more around 2017 after my company wanted to get access to some gpus on AWS and we couldnt because AWS couldn't get their hands on enough- and the crypto boom was driving demand. Bought some more again about a year ago when I saw companies large and small on the ai train- is not just openai and Goog/fb/apple.

Even if the stock falls 3/4 I've had an incredible return and I just don't see the ai hype dying down soon, though im always trying to feel out that inflection point. I'm not super stoked about the ability of AI to really be monetized that well in its current form, but I'm happy to be invested in the picks and shovel business behind it.

Re: Nvidia announces financial results for first quarter fiscal 2025

#277

Post by kortilla »

foobarqux wrote: post #177
kortilla wrote: post #167

Earlier quoted context omitted.

Not insider trading from SEC. You can absolutely use material non-public information your own company collects. The entire short selling industry is based on this. It might be a violation of your company’s policy, but unless your company has been given explicit access to material non-public info of nvidia (e.g. you work for their accounting firm), there is no SEC risk here.

This is false, you are breaking your duty of confidentiality towards your employer. Read the numerous Matt Levine columns about this. I don't know that the specific information collected in this qualifies as material information but it seems like it might.

No, it has to be explicitly outlined in the employee agreement if you’re not allowed to share some of the information. “Duty of confidentiality” is not a magic thing that just exists.

All of the cases where people have been busted (e.g. the capital one credit card transactions) are because the SEC has an exact quote from the employee agreement that says something like “don’t use this mega database to do trading”.

If your employee agreement doesn’t have something explicitly barring you from noticing racks of incoming inventory and using that information, then it’s not insider trading.

Re: Nvidia announces financial results for first quarter fiscal 2025

#278

Post by kortilla »

isotropy wrote: post #187
kortilla wrote: post #167

Earlier quoted context omitted.

Not insider trading from SEC. You can absolutely use material non-public information your own company collects. The entire short selling industry is based on this. It might be a violation of your company’s policy, but unless your company has been given explicit access to material non-public info of nvidia (e.g. you work for their accounting firm), there is no SEC risk here.

NEVER assume that information learned because of your job is shielded from insider trading, even for a completely different company. From ten years ago, here are two data analysts from Capital One who thought they could use the data from credit card transactions to jump the gun on quarterly earnings reports for retail stores. Never traded Capital One stock. Didn't matter - SEC hammered them. https://www.sec.gov/litig…

The only leg the SEC had to stand on in this complaint is a very specific clause from the employee agreement that says not to use this information for trading.

Re: Nvidia announces financial results for first quarter fiscal 2025

#279

Post by rvz »

zooq_ai wrote: post #85
AnotherGoodName wrote: post #46

This stock is a great example of invest in stocks where you have strong knowledge. I saw pallets of h100s shipping that were worth 100s of millions each pallet (each card is $40k and you can fit a lot on a pallet) as someone working for a company buying these and knowing that many other companies were doing the same (we have 12+ months of back orders with nvidia alone). I invested last year at ~$250 when redditors we…

Do the opposite of (popular) HN too

It really works.

Unlike the OP who used insider knowledge (for being a customer of Nvidia) I went against the HN crowd more than twice with buying META at $89 [0] and GOOG at an average of down to $93 [1]

[0] https://news.ycombinator.com/item?id=35620810

[1] https://news.ycombinator.com/item?id=34713073

Re: Nvidia announces financial results for first quarter fiscal 2025

#280

Post by throw0101b »

theGnuMe wrote: post #245
burningChrome wrote: post #217

Earlier quoted context omitted.

>> There are highly profitable companies that nevertheless see their stock price turn around. This happened with a local sports drink maker. It was branded for kids, more healthy, less sugar then Gatorade and energy drinks. Company took off, went public, stock went through the roof for about two years. Blue skies, everything coming up roses, lots of articles in the local business mags and websites. Then their supply…

Nvidia has been around for along time.

> Nvidia has been around for along time.

So has Cisco: how has their stock price been doing since the late 1990s?

It's not like the Internet has stopped being a thing, and people are still buying Cisco gear, and yet people aren't excited about it anymore.

It's possible for AI/ML to be a thing, for Nvidia to sell gear, and for the stock to go down. There are numerous examples throughout history:

* https://en.wikipedia.org/wiki/Technological_Revolutions_and_...

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