Lisa Mateo

Let's get to Bloomberg's Ian King, who leads our coverage of this name.

It was all about the outlook.

So that's the data point, $78 billion of sales there or thereabouts.

Actually...

Jensen Wong and Colette Crest, the CFO, went beyond that to say that $500 billion guide, which is just Blackwell and Rubin.

Actually, they're probably tracking ahead of that.

Now the stock is down 5%.

And is that GTC, Ian?

GTC is NVIDIA's big showcase for the audience and those aren't familiar with it.

And often they do come out and say something quite big.

There were other bits in there.

For example, if we continue to talk about how this is a supply constrained industry, right?

Detail about how they have inventory and capacity for several quarters, but a warning at the same time from Colette Cress that actually supply is still something to think about.

How are they managing the world of intense AI compute demand?

Bloomberg's Ian King, with the breakdown, we thank you.

Let's get more on NVIDIA.

Srini Pajuria is with us, RBC Capital Markets Research Analyst.

He has an outperform rating on the stock, has raised his price target from 240 to 250, and you're not alone, Srini, because I'm looking at True Security's raising their price target, Citi did, JP Morgan did, Morgan Stanley raised their price target and called it the largest, cleanest beat and raise in the history of semis industry.

What was missing?

About that sustainability, because you've just outlined how they're managing to diversify their end customer.