Nvidia made $11 billion in a single quarter with 267% annual growth, driven by data-center demand. The speakers argue unsexy infrastructure businesses that service data centers are more profitable than consumer luxury brands like LVMH.
It did $11 billion in revenue last quarter. Just in one quarter, $11 billion, growing at 267% per year.
That makes sense. Like, by the way, I think you and I can start to see this now where I'm like, I need to start to buy, you know, physical infrastructure. Like, which is weird because it like— we thought everything went to the cloud, but I'm like, that means Nvidia is going to grow even faster. The data center revenue, by the way, you want to talk about data centers? Like, sometimes you just ride the wave of an industry. So you met this guy before, I'm not going to name, but He bought a furniture company and then he repurposed that furniture company, like a general purpose furniture company, to just build furniture for data centers. The revenue just shot up to like 9 figures. It was like nothing before. Sometimes you ride the wave and yeah, you just kind of take it from there.
Dude, I'm with you. You know, I've been talking to a lot of people about the monies in the boring and ugly. And I'm in France right now. One of their amazing companies in France is LVMH. So people are like, LVMH, it's a sexy company, it's cool. And when you look at LVMH, I believe they do around $80 billion a year in revenue. I'm like, Nvidia is pulling in roughly $42.96 billion, I believe, in net income per quarter at this point. So they're going to do around like $170-ish billion in profit a year, right? So I was just like, Nvidia is not like a sexy company compared to, you know, like a lot of these watch companies or designer clothes companies. Like the general population does not care about Nvidia. I'm assuming almost everyone will agree with that.
