Kings of margins: NVIDIA, TSMC and ASML

[user nl]

Interesting how Jensen Huang talks about and defends his 75% margin. It seems for the coming years he will defend that superhigh margin and he is confident customers will pay it.

In this part of the discussion with the analysts you can listen yourself:

It seems that the current margins of TSMC and ASML will probably not go down the coming 3-4 years, only up?

[TABLE width="41%"]
[TR]
[td width="18.0514%"]Company[/td]
[td width="39.4634%"]Latest Reported Q4 FY26[/td]
[td width="42.4091%"]Q1 FY27 Forecast (Current)[/td]
[/TR]
[TR]
[td width="18.0514%"]NVIDIA[/td]
[td width="39.4634%"]75.0%[/td]
[td width="42.4091%"]74.9% – 75.0%[/td]
[/TR]
[TR]
[td width="18.0514%"]TSMC[/td]
[td width="39.4634%"]62.3%[/td]
[td width="42.4091%"]63.0% – 65.0%[/td]
[/TR]
[TR]
[td width="18.0514%"]ASML[/td]
[td width="39.4634%"]52.2%[/td]
[td width="42.4091%"]51.0% – 53.0%[/td]
[/TR]
[/TABLE]

Furthermore, the CFO tells that sometime later this year NVIDIA will anounce that they aim to direct some 50% of their profit to share buybacks and dividend.

And they expect to have revenue of 1 Trillion plus till 25 Dec 2027, 4 pm PT.
With 1 Trillion only from Blackwell and Vera Rubin. The (more) plus will come from Rubin Ultra, Groq and seperate CPUs.