NVDA had blowout revenue growth last quarter due to the success of the 1080, which had limited stock over Summer 2016 and sold to a pent-up hyped-up audience (including myself) in August-September 2016.
After the initial hype and sales round, trend data / search data for NVDA GPUs dropped back to normal levels for Nov-Dec, which leads me to believe we'll see a revenue drop this quarter compared to last, well under analyst recommdations.
Self-driving cars are used as justification for everyone buying into the stock this quarter, but the reality is they make up basically none of NVDA's revenue. It's possible self-driving car GPUs will become a dominant force for NVDA in the coming years, but definitely not this quarter and probably not this year.
Conclusion: NVDA stock drops on Thursday missing estimates substantially, long outlook (2018+) could still be positive
Submitted February 07, 2017 at 09:44AM by talyen42 http://ift.tt/2ljRWsY
