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Search resuls for: "Nvidia Omniverse"


3 mentions found


☆ Why Cramer advises against running out to buy Nvidia's post-earnings stock dip
  + stars: | 2024-08-28 | by ( Zev Fima | ) www.cnbc.com   time to read: +12 min
Jim doesn't see a need to step in first thing Thursday morning and buy the dip. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Quarterly commentary During Nvidia's fiscal second quarter, better-than-expected sales were driven by strength in all key segments, including a Data Center segment revenue record. Regarding China, Kress said, "Data Center revenue in China grew sequentially in Q2 and is a significant contributor to our Data Center revenue. Guidance Taking a closer look at guidance, Nvidia's fiscal third quarter may not have beaten the Street's estimates by the magnitude some were hoping for, but it's far from disappointing.
Persons: Lindy, Triple Lindy, Jensen Huang, Hopper, Blackwell, Jim Cramer, Jim doesn't, Colette Kress, Kress, it's, inferencing, ChatGPT, Cloud prem, Nvidia Isaac, Jim Cramer's, Jim, Andrej Sokolow Organizations: Nvidia, Revenue, Triple, Moore's, Hopper, Blackwell, Amazon Web Services, Google, Enterprise, Devices, Intel, Apple, Data Center, Networking, Management, Data, Centers, Automotive, Siemens, Nvidia Blackwell, Mercedes, Benz, Nvidia Omniverse, CNBC, Getty Locations: China, Boston, Silicon Valley
☆ Nvidia pops after strong quarter, guidance — showing why the stock still has long-term promise
  + stars: | 2023-02-22 | by ( Zev Fima | ) www.cnbc.com   time to read: +6 min
Nvidia (NVDA) reported better-than-expected fiscal 2023 fourth-quarter results after the closing bell Wednesday and a strong current-quarter forecast. As of Wednesday's close, Nvidia has been one of our best performers in 2023, up 42% this year. Essentially, this service provides customers the ability to access an Nvidia DGX super-computer with nothing more than their browsers and allows them to access Nvidia AI Enterprise for "training and deploying large language models or other AI workloads." Guidance Looking ahead to fiscal 2024 first quarter, management forecasted better-than-expected sales, adjusted gross margin and capital expenditures on a non-GAAP basis. Capital Allocation In its fiscal 2023 fourth quarter, Nvidia returned a total of $1.15 billion to shareholders via dividends and buybacks.
☆ Lowe’s Tests Interactive Virtual Models of Two Stores
  + stars: | 2022-09-20 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +4 min
Home-improvement retailer Lowe’s Cos. said it’s created immersive, interactive three-dimensional models of two of its U.S. stores to achieve better visibility into inventory data and store layouts. The company is currently piloting the digital twins in its Mill Creek, Wash., and central Charlotte, N.C., locations. Lowe’s is leveraging Nvidia Inc.’s Nvidia Omniverse, a real-time graphics collaboration platform, to create these digital twins and iterate on them. So far, these digital twins have been primarily used in manufacturing and factory scenarios, they say. Lowe’s says it has no clear timeline for when it might extend the digital twin technology beyond Mill Creek and Charlotte.
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