22-02-2024 02:30 via rocketnews.com

Nvidia’s sheer dominance can be summed up by this one underrated number

Following a quarter when Nvidia Corp. grew data-center revenue and earnings each by more than 400%, another number illustrates the company’s dominance even more.  Among the record-setting elements of Nvidia’s NVDA, -2.85%stunning fiscal fourth quarter was its 76% GAAP gross margin, which was up from 66% a year before. Nvidia forecasts that margin will remain around the same level for its ongoing quarter. Nvidia’s gross margins appear to be the second highest in the se
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