NVIDIA

Dolphin ResearchOct 22, 2026 at 06:07 AM

NVDA: Delivery Over Specs — Who Is Jensen Huang's Cost Calculus For?

Below is Dolphin Research's Trans of the NVIDIA GTC Europe (Oct 21, 2026; Berlin) CEO keynote. This session was a keynote with no Q&A.

Core takeaways as organized by Dolphin Research: Jensen Huang's remarks focused on the 'European narrative', 'AI factories', 'agents and software coexisting', and 'physical AI'.

1) European narrative: given the Europe-based venue, he emphasized Europe should shift from 'using AI' to 'building AI', following a five-layer stack from energy → compute → AI factories → models → applications...

Building Europe's AI Economy AgileRL RAGILE ROBOTS wWbotics A AVELIOS BASECAMP B

Inside NVIDIA DSX POD： a Vera Rubin AI factory in a shipping container (schemati

NVIDIA

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Dolphin ResearchAug 27, 2026 at 01:52 AM

NVDA (Trans): Demand to grow 70%+ next year; cloud backlog tops 2 tn

Q2 revenue reached $96bn, doubling YoY, and the company for the first time guided FY28 growth at approx. 70%.

This figure is supply‑constrained, with underlying demand growth near 100%.

Rising memory prices will compress GPM to a Q4 low of 71–72%, while non‑hyperscaler ACIE is set to account for half of the data center business.

Nebius

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Dolphin ResearchAug 27, 2026 at 01:48 AM

NVDA: Another 70% Next Year; AI compute money printer running hot!

NVIDIA (NVDA.O) released its FY2027 Q2 results after the US close, in the early hours of Aug 27, 2026 Beijing time. The quarter ended Jul 2026.

1) Data Center: $NVIDIA(NVDA.US) revenue was $89.0bn this quarter (+$13.8bn QoQ), beating the Street at $86.0bn. Growth was driven mainly by Blackwell shipments.

The Rubin lineup starts shipping in Q3. It will gradually replace Blackwell and enable a product upgrade cycle...

NVIDIA Datacenter Revenue C厂 90，000 154.5% Research DolphinResear olphinResearch

NVIDIA DC Revenue： QoQ trends unit：mn/$ Hyperscal e qoq adds Al Clouds，Industria

Future commitments by fiscal year as of July 26， 2026， were as follows： Remainde

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Dolphin ResearchMay 21, 2026 at 03:07 AM

NVDA (Trans): Vera CPU alone could deliver $20bn in revenue this year

Below is Dolphin Research's Trans of $NVIDIA(NVDA.US) FY27 Q1 earnings call.

For the earnings analysis, please see 'NVIDIA: Rising competition, shifting AI bottlenecks — can even a market darling stumble a bit?'

I. Core takeaways from the earnings report

1) Shareholder returns: the company returned a record $20bn to shareholders this quarter. The quarterly dividend was raised to $0.25 per share from $0.01, and an additional $80bn share repurchase authorization was approved.

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Dolphin ResearchMay 21, 2026 at 02:25 AM

NVDA: With Big Tech going in-house, can Jensen Huang find new allies?

NVDA released FY2027 Q1 results after the US close in the early hours of May 21, 2026 Beijing time (quarter ended Apr 2026). 1) Core operating metrics: $NVIDIA(NVDA.US) delivered revenue of $81.6bn, beating the raised buy-side estimates ($78–80bn).

QoQ revenue increased by $13.5bn, driven almost entirely by the Data Center segment as Blackwell moved into volume production.

GPM was 74.9%, down 10bps QoQ...

Data Center Total 4 Capex unit：100mn/$ META Alphabet Microsoft Amazon Total 4 Ca

Data Center Market share Nvidia AMD Intel ■AVGO Marvell 100% vC rch xch 8.5% 9.4

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NVIDIA

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Dolphin ResearchMar 18, 2026 at 04:38 AM

NVDA (Analyst Huddle): IT to become token distributors; 50% of CF to shareholder returns

Below is Dolphin Research's Trans from NVDA's GTC 2026 analyst session. For our readout on the GTC conference, see 'NVDA GTC: The AI gala—high hopes, letdown?'. I. $NVIDIA(NVDA.US) analyst session key takeaways.

1) Demand outlook: Committed demand for Blackwell + Rubin through end-2027 exceeds $1tn (POs and firm commitments), excluding new products such as Rubin Ultra, Feyn, a standalone Vera CPU, and Groq. Orders are expected to continue building on this base...

NVIDIA

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Dolphin ResearchMar 17, 2026 at 07:40 AM

NVDA (GTC Trans): LPU re-architects AI inference; AI factories aim for space---

For detailed commentary, see 'NVIDIA GTC: AI’s Spring Gala — High Hopes or Letdown?'.

Below is the full transcript of $NVIDIA(NVDA.US) GTC.

Jensen Huang, NVIDIA’s founder and CEO, delivered the keynote at GTC 2026.

Key topics included the 20th anniversary of the CUDA platform, the inference inflection and a surge in compute demand, the Vera Rubin system architecture, Groq integration, the OpenClaw agent revolution, and physical AI and robotics. CUDA at 20 and the platform flywheel: CUDA has been around for 20 years...

BREAKTHROUGHS 20 YEARS ECOSYSTEMS CUDA DEVELOPERS FLYWHEEL INSTALLED BASE

EA Announcing DLSS 5 SPORTS 3D-Guided Neural Rendering 10 22 4 1 DLSS 5 On

Unstructured Data is the Context of AI 100's of Zettabytes Per Year of Unstructu

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Hyperscale Data

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Dolphin ResearchMar 17, 2026 at 07:33 AM

NVDA GTC: AI's Big Show — High Hopes In, Disappointed Out?---

On Mar. 16, 2026, Jensen Huang, founder and CEO of NVIDIA, delivered the keynote at GTC 2026.

Core themes included the 20th anniversary of the CUDA platform, the inference inflection and a surge in compute demand, the Vera Rubin system architecture, Groq integration, the OpenClaw agent revolution, and physical AI and robotics...

Inference Inflection Drives Strong Growth NVIDIA Full-Stack Expanding AI to All

NVIDIA Extreme Co-Design Revolutionized Token Cost “GB NVL72 Inference King” 39

1.8M 1.6M Rubin NVL72 1.4M 35X Performance 1.2M 2X Efficiency Drives Company Res

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Dolphin ResearchFeb 26, 2026 at 03:10 AM

NVDA (Trans): Compute Spend Linked to Rev.; Supply Chain Security Prioritized ---

Below is Dolphin Research's transcript of NVIDIA's FY2026 Q4 earnings call; for our take, see 'NVIDIA: Earnings Frenzy vs. Cold Stock — Is the No. 1 Stock in the Universe Losing Favor?'$NVIDIA(NVDA.US)

Key takeaways: (1) FY2027 guide: full-year non-GAAP GPM to hold around 75% (mid-70s), in line with last quarter's commentary.

Maintaining that margin hinges on continued generation-to-generation performance leaps for customers. If perf-per-watt gains meaningfully outpace Moore's Law...

NVIDIA(NVDA.O) FY4Q26 Financial Performance (in US$ million) 4Q23A 1Q24A 2Q24A 3

Vera Therapeutics

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Dolphin ResearchFeb 26, 2026 at 12:58 AM

NVDA: Blowout results vs. a cold tape — Has the market's top darling fallen out of favor?---

Nvidia (NVDA) reported Q4 FY2026 results after-hours in the early hours of Feb 26, 2026 (Beijing time). The quarter ended Jan 2026.

1) Core operating metrics: $NVIDIA(NVDA.US) total revenue was $68.1bn, beating raised buy-side estimates of $67.0bn. Revenue rose $11.1bn QoQ, driven largely by Data Center as Blackwell scaled into mass production. GPM was 75%, expanding 160bps QoQ...

Data Center Total 4 Capex unit：100mn/$ META Alphabet Microsoft Amazon yoy 1400.0

NVIDIA

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NVIDIA

NVDA: Delivery Over Specs — Who Is Jensen Huang's Cost Calculus For?

NVDA (Trans): Demand to grow 70%+ next year; cloud backlog tops 2 tn

NVDA: Another 70% Next Year; AI compute money printer running hot!

NVDA (Trans): Vera CPU alone could deliver $20bn in revenue this year

NVDA: With Big Tech going in-house, can Jensen Huang find new allies?

NVDA (Analyst Huddle): IT to become token distributors; 50% of CF to shareholder returns

NVDA (GTC Trans): LPU re-architects AI inference; AI factories aim for space---

NVDA GTC: AI's Big Show — High Hopes In, Disappointed Out?---

NVDA (Trans): Compute Spend Linked to Rev.; Supply Chain Security Prioritized ---

NVDA: Blowout results vs. a cold tape — Has the market's top darling fallen out of favor?---

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