Gerstner notes Nvidia revised Q2 datacenter guidance from $7 billion to $11 billion, defying negative expectations.
“People thought data center revenues this year were gonna be negative, and they just revised their guide from 7,000,000,000 in q two to to 11,000,000,000 in q two.”
Gerstner reports Super Micro raised full-year guidance 40% to $14 billion.
“Super Micro took their full year guide up after the bell today by 40%. 40% to $14,000,000,000.”
Gerstner states 54% of software companies missed guidance expectations, worst quarter since 2022.
“54% of software companies disappointed in the quarter. And that's the worst quarter I think we've had since 2022 in terms of their view as to the future.”