Nassim Khadem

We'll have to kind of keep an eye on the numbers.

And, you know, what happens?

Do you see more forced house sales now as a result?

It truly is, Dan.

So the revenue came in at $81.6 billion, which was well above Wall Street's $78.9 billion estimate.

The profit was $58.3 billion, up 211% from a year earlier.

Again, you know, up topping expectations by analysts.

And let's just compare this to three years ago when the company's quarterly profit was $2 billion.

So it is a massive increase.

Nvidia's chips are now essentially a big part of AI projects.

Exactly.

And all the big companies in the AI space, OpenAI, SpaceX, Meta, Google, Gemini, they're all relying on NVIDIA's products and NVIDIA's evolving its products.

And you and I were talking earlier, Dan, its market cap, incredible, $5.4 trillion market cap.

It's just incredible.

And, you know, they've broken historic records.

They were the first publicly traded company to ever surpass $4 trillion, then $5 trillion, then $5.5 trillion at various points.

So just quite remarkable.

And Dana Ives, who's a tech analyst, calls it the godfather of AI.

He thinks that they're actually being significantly underestimated, that over the next few years, they are going to drive much of the global demand for AI products.

He's saying general big tech CapEx numbers are expected to be north of $750 billion this year.