Nvidia Addresses Supply-Demand Concerns For Next-Gen Products: 'The Cycle Times Are Improving...' CEO Reassures
Portfolio Pulse from Ananya Gairola
Nvidia Corporation's CEO, Jensen Huang, addressed concerns about potential supply constraints for the company's next-generation products during the Q4 earnings call. Despite acknowledging the intricate nature of Nvidia's products and the challenges in ramping up production, Huang reassured that the supply chain is supporting well, and supply is improving. CFO Colette Kress also noted that while supply for Hopper architecture products is improving, next-generation products are expected to be supply constrained due to high demand. This comes after Nvidia reported a strong Q4 earnings, exceeding revenue and EPS estimates with a 22% surge compared to the previous quarter.

February 22, 2024 | 8:01 am
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Nvidia's CEO and CFO addressed supply-demand concerns for next-gen products, reassuring improvements despite high demand. This follows a strong Q4 earnings report, indicating potential positive momentum for NVDA stock.
The reassurance from Nvidia's CEO about improving supply chain conditions and the strong Q4 earnings report are likely to instill confidence in investors. The anticipation of high demand for next-generation products, despite supply constraints, suggests a positive outlook for Nvidia's financial performance and potentially its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100