Nvidia reports 122% revenue growth on surging demand for data center chips

Published: Aug 27, 2024 Duration: 00:00:51 Category: People & Blogs

Trending searches: nvidia conference call
nvidia's latest earnings report shattered Wall Street expectations with earnings per share hitting 68 cents surpassing the anticipated 64 Revenue surged to an astonishing $3.4 billion outpacing the expected 28.7 billion and the company forecasts an even brighter future with $32.5 billion in the next quarter nvidia's Data Center business driven by AI processors saw a 154% revenue increase reaching $ 26.3 billion and accounting for 88% of total sales the anticipation for nvidia's Next Generation AI chip Blackwell is Skyhigh with samples already shipped and billions in Revenue expected in the fourth quarter

Share your thoughts