Quick updates on Nvidia earnings

what does 1k rack per week means

NVIDIA’s earnings beat expectations—not because the numbers were huge, but because buy-side expectations, for the first time in the past 2 years, were even lower than sell-side bogeys. And if you add back H20 write off, revenue is even accelerating QoQ.

CFO mentioned that Blackwell are now 70% of data center revenue, up from $10B in Q1 to $30B in Q2. And even more surprisingly, Jensen said: each major cloud provider (CSP) is deploying 1,000 GB200 NVL72 units per week.

So after the earning call, during the small group call-back, analysts pressed management on this statement: was that for real or just a mistake?