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spartan · research · NVDA
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AAPL228.42+0.55%
NVDA138.07+2.36%
TSLA342.65-1.21%
MSFT421.89+0.49%
GOOGL176.32-0.50%
META612.50+0.95%
AMZN224.18+0.49%
BRK.B468.92-0.30%
JPM238.74+0.39%
V312.05+0.50%
BTC98,420+1.27%
ETH3,842-1.49%

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Spartan Intelligence
What's driving NVDA's revenue beat this quarter?

NVDA reported $35.1B in Q3 revenue (+94% YoY), driven primarily by:

  • Data Center — $30.8B (+112% YoY) on Hopper ramp
  • Blackwell — initial shipments ahead of plan
  • Gross margin — 75.0%, +120bps QoQ
Sources: 10-Q · Q3 earnings call · 4 sell-side notes
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