NVidia Earnings and Revenue Led By Data Center B With Over $1 Billion in Revenue for First Time


NVIDIA +7% after buying Arm from Softbank for $40B ($21.5 in stock and $12B in cash)

In a deal that is accretive to non-GAAP gross margins and EPS. NVIDIA was the leader in GPUs in its core gaming market and with machine learning/artificial intelligence in the datacenter. This deal gives the company and even broader reach into mobile and other markets. “Uniting NVIDIA’s AI computing capabilities with the vast ecosystem of Arm’s CPU, we can advance computing from the cloud, smartphones, PCs, self-driving cars and robotics, to edge IoT, and expand AI computing to every corner of the globe.” This deal cements NVIDIA as a chip leader and using its expensive equity to seems like a solid move.