CLAIM #46958 · NVIDIA Corporation (NVDA) · 2025Q3 earnings call · Nov 20, 2024 · due Jan 31, 2025
“We will continue to be selling Hopper in this quarter, in Q4 for sure, that is across-the-board in terms of all of our different configurations”
Colette Kress · CFO
In context
“our gross margin and defined low. Low, of course, is below the mid, and let's say we might be at 71%, maybe about 72%, 72.5%, we're going to be in that range. We could be higher than that as well. We're just going to have to see how it comes through. We do want to make sure that we are ramping and continuing that improvement, the improvement in terms of our yields, the improvement in terms of the product as we go through the rest of the year. So we'll get up to the mid-70s by that point. The second statement was a question regarding our Hopper and what is our Hopper doing. We have seen substantial growth for our H200, not only in terms of orders but the quickness in terms of those that are standing that up. It is an amazing product and it's the fastest-growing and ramping that we've seen. We will continue to be selling Hopper in this quarter, in Q4 for sure, that is across-the-board in terms of all of our different configurations and our configurations include what we may do in terms of China. But keep that in mind that folks are also at the same time looking to build out their Blackwell. So we've got a little bit of both happening in Q4. But yes, is it possible for Hopper to grow between Q3 and Q4, it's possible, but we'll just have to see. Operator: Your next question comes from the line of Joseph Moore of Morgan Stanley. Your line is open. Joseph Moore: Great. Thank you. I wonder if you could talk a little bit about what you're seeing in the inference market. You've talked about Strawberry and some of the ramifications of longer scaling inference projects. But you've also talked about the possibility that as some of these Hopper clusters age that you could use some of the Hopper latent chips for inference. So I”
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SEC filings for NVDA ↗ · Claim quote is verbatim from the 2025Q3 earnings call.