Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

📆 11/20/2024 4:29 PM
📰 wjxt4

⏱ Reading Time:
20 sec. here
4 min. at publisher
📊 Quality Score:
News: 18%
Publisher: 63%

Jensen Huang News

Business,Technology

Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.

Read full article: JSO reviewing video that appears to show moments after random stabbingCaught on camera: Pig goes “hog wild” after escaping Robinson’s Racing Pigs at Jacksonville FairRead full article: Make household chores easier and more with these Insider DealsGive your favorite hiker an audio upgrade they can bring on the trailsFILE - A sign to a Nvidia office building is shown in Santa Clara, Calif., on Aug. 7, 2024.

Wall Street analysts had been expecting adjusted earnings of 75 cents a share on revenue of $33.17 billion, according to FactSet. “The age of AI is in full steam, propelling a global shift to Nvidia computing,” Jensen Huang, founder and CEO of Nvidia, said in a statement. , as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chipsNvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Source: ksatnews - 🏆 442. / 53 Read more »