Nvidia's earnings beat Wall Street's estimates as AI momentum continues

Artificial intelligence giant Nvidia released its latest second-quarter earnings report on Wednesday, which beat analysts' estimates as the company's AI-driven momentum continued. Wall Street expected Nvidia's earnings per share to come in at $0.64, up 137.5% from last year, while its revenue was estimated to be $28.7 billion, up 112.5% from last year, according to LSEG data. Its earnings per share came in at $0.68, while revenue was $30.04 billion.

Huang said in the company's release that it has started sending out Blackwell samples, but didn't offer a timeline related to its anticipated 2025 ramp-up. HOW NVIDIA BECAME THE KING CHIPMAKER, FROM A DENNY'S TO $2.3T MARKET CAP "Blackwell samples are shipping to our partners and customers.

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