Nvidia Gross Margin Resilience

"We see gross margins bottoming in Q4 at 71.5% as NVDA price adjustments lag input cost increases. We look for modest GM rebound in CY27 as NVDA likely absorbs some input cost appreciation."

"We see gross margins bottoming in Q4 at 71.5% as NVDA price adjustments lag input cost increases. We look for modest GM rebound in CY27 as NVDA likely absorbs some input cost appreciation."

"The company posted a GAAP gross margin of 74.9%, unchanged from the previous quarter and significantly above 60.5% a year earlier. Holding margins at such elevated levels despite increasing competition is another sign that demand for Nvidia's products remains exceptionally strong."

"Key metrics to watch are next quarter's revenue guidance, $1T visibility extension, gross margin resilience amid HBM4 costs, and financing platform disclosures."

"Margin stability is pivotal; holding mid-70s gross margins amid rising input costs and flat operating leverage underpins the near-term bull case."

"The 50-day average remains above the 200-day average, indicating the longer-term uptrend remains intact. The stock is also hovering near its 200-day simple moving average of $192.99, a level that traders often view as important long-term support."

"Foo also points to margin recovery as part of the bull case, saying gross margins are expected to move back toward the 75% range in the coming quarters."

"Gross margins remain around 75% with massive free cash flow generation, reinforcing Nvidia’s platform economics rather than traditional semiconductor profitability dynamics."

"He highlighted that Nvidia is sustaining its margins at attractive levels, supported by premium pricing, a strong system and software mix, and scale efficiencies."

"Nvidia’s long-term thesis still looks structurally intact, with clear micro differences compared to anything we saw during the dot-com bubble."