Lisa Mateo

But the reaction in the shares is not.

We're off by 4.5%.

Let's bring in Bloomberg Tech equity reporter, Carmen Reinicke, for what your sources are telling you, because the numbers were stellar.

Everyone agrees.

Carmen, the market is now moving and the move is significant.

What are the single names that you're tracking and what's the impact been from Nvidia's move lower?

What's interesting is some parts of the supply chain or other areas that have benefited from the AI CapEx spend are still showing resilience.

I'm looking at Samsung traded in London, for example, is still holding on to gains.

SK Hynix had a whopping day over in Asia.

So there's still areas that are resilient, the optical part of the equation, for example.

Bloomberg's Carmen Reinecke, thank you very much.

Bloomberg Intelligence out with NVIDIA earnings reaction, noting the beats in the fourth quarter, but more impressively, that first quarter outlook, pointing to a stronger ramp of the GB300 system.

Bloomberg Intelligence Senior Analyst Kunjan Sabani with us.

This was what they used to explain margins, you know, the Blackwell ramp.

But then later this year, we're going to get Vera Rubin.

There will be a transition of technology for their biggest customers.

How have you modeled for that?

I mean, it's even the costs that they identify for stock recompense to those that work for them.

I mean, people saying that's a really classy act from the CFO, from investor relations to be making that clear within the gap numbers, Kunshan.

But where, therefore, are we lacking clarity?