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๐Ÿš€ NVIDIA Can't Stop and Won't Stop ๐Ÿ“ˆ

PLUS: Trending Tools โš’๏ธ

Hi Everyone. This is Take Off, your personal tech news barista. We'll whip up frothy, piping hot insights that'll give you that extra jolt you need to tackle the market.

Here's what we're serving up today:

  • NVIDIA Canโ€™t Stop and Wonโ€™t Stop ๐Ÿ“ˆ

  • Asteroids โ˜„๏ธ

  • Trending Tools โš’๏ธ 

NVIDIA Can't Stop and Won't Stop ๐Ÿ“ˆ

NVIDIA dropped their earnings this week and OMG, the companyโ€™s earnings report was nothing short of a blockbuster opening.

NVIDIA This Week

Hereโ€™s a quick look at their numbers:

  • Total Revenue: $13.5 Billion (+88% QoQ)

  • Net Profit: $6.2 Billion (+17% QoQ)

  • Data Center Revenue: $10.3 Billion (+141% QoQ)

  • Gaming Revenue: $2.5 Billion (+11% QoQ)

The Mighty Datacenter

See the jump in revenue from Datacenter earnings? Yes folks, NVIDIAโ€™s revenue from selling their flagship GPUs 3 x'ed YoY.

Heck, it jumped 141% from the last quarter. We know that there are high-growth companies but then they donโ€™t have a market cap of $1.2 trillion!

The Flashback

In the mid-1990s, when corporate America suddenly realized that they needed to get onto the next big thing called The Internet, there was one only company ready to supply the routers that firms needed to connect.

That company was Cisco Systems. And it looks like the same thing is happening for GPUs as we embrace the dawn of the AI era.

You know what they say : During a gold rush, sell shovels.

The Future

The company has proved that the AI Hype isnโ€™t just hype and is translating to real Benjis. LOOTS of Benjamins!

NVIDIA is exceptionally bullish on its growth.

The company raised its guidance and projected a revenue of $16 billion for the current quarter, ahead of analysts expectations of $12.6 billion.

Whatโ€™s your take on this? Do you think (NASDAQ:NVDA) canโ€™t go up any higher or do you think this is just the beginning?

โ˜„๏ธ Asteroids โ˜„๏ธ

The EU's Digital Services Act lets social network users opt-out of AI-curated feeds, promoting a more natural, chronological feed. Say goodbye to endless cat videos and hello to posts from actual friends .๐Ÿฑ๐ŸŽ‰

Meta is shutting down Messenger Lite for Android in September. While SMS support is ending, they're boosting security with end-to-end encryption soon! ๐Ÿ“ฑ๐Ÿ’ฌ

โš’๏ธ Trending Tools โš’๏ธ

๐Ÿ’ช Spur - World's first Copilot for fitness trainers

๐Ÿ’ป๏ธ Levi V2 - Build stunning AI-powered websites

๐ŸŒ Aptible - No Infrastructure Platform to deploy in seconds

โšก๏ธ Zap - Craft free cover letters instantly, tailored to your resume

๐Ÿ“ฐ Recommended Reading ๐Ÿ“ฐ

I recommend checking out AIModels.fyi. It's a free tool that lets you discover, select, and integrate the perfect AI model for your project. They also have a newsletter with a summary of the top new models and helpful how-to guides. Click here to see for yourself.

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