Like the team at Jefferies, Evercore analyst Mark Lipacis and his team were struck by Nvidia's disclosures on the ramp of Blackwell graphics processing units at hyperscale cloud

providers. That was one area of investor worry that the earnings call helped soothe, according to Lipacis. But that wasn't all. "Our sense is that investor concern has centered on

concerns of Blackwell chip/system delays, hyperscaler [capital-expenditure] digestion period, and competitive threats from ASICs," or application-specific integrated circuits, the

Evercore analysts wrote. They cheered 73% year-over-year growth in the data-center business, as well as improving yields on Blackwell that have helped that product make up more than two