Published: Aug 28, 2024
Duration: 00:00:50
Category: Entertainment
Trending searches: nvda stock
Nvidia just dropped its Q2 earnings report and it's got some big news the chip giant not only beat earnings expectations with 68 per share on 30.4 Center billion dollars in Revenue but it also announced a massive $50 billion stock buyback program despite this nvidia's stock slid over 5% in after hours trading the big win came from a jaw-dropping 154% jump in data center Revenue hitting 26 and 27 billion for Q3 Nvidia expects to pull in $32.5 billion surpassing wall Street's 31.9 billion or forecast and there's more they're ramping up production of their new Blackwell AI chips aiming for several billion dollars in Revenue by Q4 City analysts are calling this a win thanks to strong AI demand stay tuned for more updates