Nvidia beats revenue forecasts as profits surge 126%

jornaldenegocios.pt (Portuguese)

Nvidia beat quarterly revenue forecasts, with profits surging 126% as the AI chipmaker reported strong results. Revenue hit $96.22 billion, up 106% year-over-year and above analyst estimates of $92.38 billion. Data center revenue rose 117% to $89 billion, beating expectations. The company forecasts third-quarter revenue of $108 billion, excluding China data center sales. Shares fell about 1.2% in after-hours trading despite the strong figures.


With a significance score of 3.2, this news ranks in the top 11% of today's 33283 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: