Revenue more than doubled in the latest quarter from the same period a year earlier, Nvidia said Wednesday. The company expects further revenue growth in the current quarter that ends in October. Investors will be watching to see if demand for the company's products can maintain its red-hot pace.
The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here's a look.Nvidia’s total market value as of the close Wednesday. It's ahead of Microsoft but behind Apple in the battle for most valuable company. One year ago, the company's market was around $1.15 trillion.Gain in Nvidia's stock price so far this year as of the close of trading Wednesday.
Nvidia's revenue from its data center business for the quarter ended July 31, up 154% from a year ago. Overall revenue rose 122% from a year ago to $30 billion. By comparison, revenue growth for all the companies in the S&P 500 is expected to be about 5% for the latest quarter.Nvidia's estimate for overall revenue in the third quarter, “plus or minus 2%.” That translates to a range of $31.85 billion to $33.15 billion, compared to Wall Street's estimate of $31.7 billion.
A New Jersey man vacationing with his family in Pennsylvania drowned in the Delaware River while rescuing two of his children who were struggling in the water, authorities said. Baruch Ber Ziemba, 39, of Lakewood, was visiting the Delaware Water Gap National Recreation Area with his wife and seven children, according to rangers with the National Park Service. Ziemba jumped into the water and got the children to safety before he was dragged by a wave, the rangers said.
McFall was one of only two flag bearers, along with French sailor Damien Seguin, to represent the whole Paralympic games.VANCOUVER — The president of the union local for B.C. HandyDART workers says a withdrawal of the transit service in Metro Vancouver is "imminent" as it prepares to serve a 72-hour strike notice.Toronto, Ontario-- - SPARQ Systems Inc.
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