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NVDA exports

Summary:
Art degree morons as usual can’t understand the Accounting abstractions… think NVDA has to be shipping the REAL units to where the Accounting ABSTRACTIONS are recorded…Like I guess they think we’re importing 0B net of Guinness, Jameson and potatoes from Ireland…It’s the same as the current Trump “tariffs!” womanish soap opera… A LOT of people are going to get that wrong for the same reasons…Looks like $NVDA GPUs have never been physically in Singapore ⚠️So, according to $NVDA 10-Q disclosures “For example, most of the shipments associated with Singapore revenue went to either the United States or Taiwan in the first quarter of fiscal year 2025.”Guess what..… https://t.co/n0Wr9IEz8M pic.twitter.com/plgg6ZdA7K— JustDario ?‍♂️ (@DarioCpx) June 29, 2024

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Art degree morons as usual can’t understand the Accounting abstractions… think NVDA has to be shipping the REAL units to where the Accounting ABSTRACTIONS are recorded…

Like I guess they think we’re importing $300B net of Guinness, Jameson and potatoes from Ireland…

It’s the same as the current Trump “tariffs!” womanish soap opera… A LOT of people are going to get that wrong for the same reasons…



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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