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Monday, November 20, 2023 by Snacks

New chip, who dis… Nvidia reports Q3 #s tomorrow after posting a record $13.5B in Q2 sales. The stock has more than 3x’d this year as companies scrambled to nab Nvidia’s AI chips (as of August it accounted for 70% of the world’s AI chip sales). Last week Nvidia introduced a more powerful version of its genAI-fueling chip. But it faces storm clouds: the US has cracked down on chip exports to China, including blocking Nvidia’s H800 chip — which Chinese tech titans had reportedly ordered $5B worth of. Still, Nvidia expects to post $16B in Q3 sales.

Prep the stuffing… and neutral table topics. Thanksgiving trips will be especially hectic this year: the TSA is expecting the busiest holiday travel season ever, forecasting it’ll screen 30M passengers over 12 days (safe to say the airline industry has recovered). It’s not just in the skies: AAA expects that nearly 50M people will hit the road between Wednesday and Sunday (download some pods). On the bright side, turkey inflation is cooling: the cost of an average Thanksgiving dinner for 10 is $61, down from last year’s $64 record.

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