Ed Ludlow

At the same time, people were like, oh, what about memory chips?

What about, you know, high end capacity?

And she did say, look, it is tight, but we have what we need for now.

Trudeau, one of the core pillars for you to grow is to go out and find new customers.

And I wondered if you just give some detail on what's happening in the world of technology in AI that would bring a customer to Snowflake for the first time.

What is it that they need that they didn't before?

Sridhar, last night, Jensen Huang, who you know very well, talked about profitable tokens, the idea that the output of an AI model is worth paying for, customers do pay, and they pay at a price that is greater than the compute used to generate it.

Are you able to give me any evidence through Snowflake's lens that you actually see that in the real world?

Snowflake CEO Sridhar Ramaswamy, great to have you back on Bloomberg Tech.

Thank you very much.

The news doesn't stop on the weekends.

Yeah, just to remind everybody where we are with these numbers, the company sees first quarter revenue coming in $76.44 billion to $79.56 billion.

That beat estimates handily of $72.78 billion.

As Carol mentioned, NVIDIA CEO Jensen Wong saying in a statement, computing demand is growing exponentially.

We also, fourth quarter data center revenue worth repeating a beat there, $62.3 billion.

The estimate is for $60.36 billion.

And that gross margin coming in above estimates at 75.2%.

I want to bring in Jay Goldberg from Seaport Research Partners.

He's senior analyst for semiconductors and electronics.

He joins us also from San Francisco.