Nvidia's inventory build shifts upstream as memory costs bite
Nvidia closed its second fiscal quarter with US$31.6 billion of inventory, but the more consequential change is what that inventory now consists of. Work in process and raw materials together account for 78% of the balance, against 42% a year earlier. The mix shows a company committing to scarce memory well ahead of the Vera Rubin ramp, and absorbing the cost several quarters before customer price increases land.
Read original article ↗
Related Articles
Koreans' level of AI utilization 1.7 times the global average: report
Koreans' level of artificial intelligence (AI) utilization is 1.7 times more advanced than the global average, Google Ko
Mirae Asset ranks No. 11 globally as ETF assets reach $282 bil.
Mirae Asset Global Investments has grown its global exchange-traded fund (ETF) business to 389 trillion won ($282 billio
LG Uplus leads digital customer experience ranking for 3rd straight year
LG Uplus is betting that artificial intelligence can make the ordinary business of managing a mobile account feel less l
Hybrid becomes Hyundai Motor's new US strategy
Hyundai Motor is expanding hybrid production and local sourcing in the United States, in a strategic shift to blunt the