News Formal

Nvidia earnings scare away AMD, Intel investors as legacy chipmakers lose ground in AI

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

In its earnings report on Wednesday, Nvidia said sales this quarter will likely rise 170%, showing the company’s dominance in artificial intelligence chips

are snapping up Nvidia's next-generation processors, which are so profitable that the company's adjusted gross margin increased 25.3 percentage points to 71.2% in the period.

"NVDA Data Center revenues are now expected to be more than double INTC+AMD Data Center revenues combined, underscoring the growing importance of accelerators for today's Data Center customers," Deutsche Bank analyst Ross Seymore wrote in a note on Thursday. Nvidia is now expected to post $12 billion in data center sales in the current quarter, according to FactSet data. Intel's data center group is expected to post $4 billion in revenue, while analysts project AMD's division will generate sales of $1.64 billion.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 319. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Why AMD, Marvell, Intel and other chip stocks are falling after Nvidia earningsWall Street is cheering Nvidia's blowout results and outlook, but investors aren't extending that enthusiasm to the company's peers.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Nvidia's earnings Wednesday will be a big test for AI bullsNvidia reports second-quarter earnings on Wednesday against a backdrop of elevated expectations driven by a surge of interest in artificial intelligence.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Nvidia earnings: What Wall Street expects from the AI-chip giantNvidia reports its fiscal second-quarter earnings after the close of markets on Wednesday.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »