Reported about 1 month ago
Nvidia reported impressive Q2 earnings, with adjusted EPS of $0.68 and revenue of $30 billion, surpassing analyst forecasts. The company expects Q3 revenue to reach $32.5 billion, driven by robust growth in its data center business. Despite a 3.5% drop in after-hours trading, Nvidia's CEO highlighted 'incredible' demand for its upcoming Blackwell chip and announced a $50 billion increase in share buybacks, underscoring its dominant position in the AI chip market.
Source: YAHOO