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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S&P 500 futures rise marginally as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

Nvidia may find it hard to impress Wall Street with earnings bar raised so highInvestors have come to believe that beats and raises are part of the DNA for Jensen Huang's company.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
स्रोत: nbcchicago - 🏆 545. / 51 और पढो »