Nvidia reports S$47.07B revenue and S$1.09 earnings per share in Q3, beating forecasts Singapore News -

📆 21-11-24 13:19:00
📰 IndependentSG

⏱ Reading Time:
40 sec. here
2 min. at publisher
📊 Quality Score:
News: 19%
Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Nvidia reported better-than-expected third-quarter results for both revenue and earnings. The company posted adjusted earnings per share of US$0.81 , higher than analysts’ estimate of US$0.75 .

Revenue for the quarter reached US$35.08 billion , beating the forecast of US$33.16 billion , as reported by CNBC.

Nvidia’s growth continues to be powered by demand for its artificial intelligence chips. Its data centre business, which includes AI processors and related components, brought in US$30.8 billion in revenue, a 112% increase compared to last year.This figure also exceeded analysts’ expectations of US$28.82 billion . According to Nvidia, not all data centre sales came from chips, with about US$3.1 billion generated from networking parts.

Ms Kress noted that both Hopper and Blackwell systems face supply constraints, and demand for Blackwell is expected to exceed supply for several quarters in fiscal 2026.Nvidia’s gaming business also exceeded analysts’ expectations. The company reported US$3.28 billion in revenue, surpassing analysts’ expectations of US$3.03 billion .

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Retail investors lose life savings as record defaults hit China’s $1 trillion local debt marketRetail investors struggle to get repaid despite state support.
La source: The Straits Times - 🏆 8. / 63 Lire la suite »