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Does it ? That's 22 billion $ of sales - at 30% margin, that's around 7 B $ of profit.

The company is valued at >1T$ - more than 142 years of profit on those H100 chip sales ! (they don't just sell H100, but still)




Their data entire data centre revenue in 2022 was $11B ($15B for graphics) so achieving $22B of sales on one product seems fairly good growth.


Sure. But they would need to double it every year for the next 3 years too to get to a somewhat reasonable valuation for a tech company (reasonable by historical standards).

And it would need to happen with maintaining insane margins and without competition showing up.




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