NVIDIA guides Q4 gross margin below estimates, cites memory and component cost pressure
NVIDIA forecast Q4 gross margin of 73.5%-74.5% versus roughly 75% analyst estimate, missing views, with the CFO citing margin pressure from memory and component costs and seeing Q4 margin bottoming at 71-72% before settling at 72-73%. The stock initially rose on strong F2028 revenue guidance before paring gains after the margin guidance.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 NVIDIA CFO: MARGINS UNDER PRESSURE FROM MEMORY, COMPONENT COSTS; SEES Q4 MARGIN BOTTOMING AT 71-72%, SETTLING AT 72-73%
@blckchaindaily
🚨 NVIDIA FORECASTS Q4 GROSS MARGIN 73.5%-74.5% VS ~75% ESTIMATE, MISSING ANALYST VIEWS
@matthew_sigel
$nvda turned higher AH +5% on this juicy F2028 revenue guidance +70% vs. consensus +45%. Says chip supply is limiting factor. Pared gains to +3% after guiding gross margins down ~200bps for next year. https://t.co/1KJxgJw1er