Reported about 8 hours ago
Nvidia Corp. has expressed a positive outlook for its anticipated Blackwell chip lineup, reporting $11 billion in revenue for the fourth quarter despite slightly missing some earnings expectations. CEO Jensen Huang highlighted strong demand for Blackwell, leading to a 2.5% increase in shares. While concerns about AI industry growth linger, especially with emerging competitors, Nvidia's data center revenue remains robust, outpacing rivals and confirming its status at the forefront of the AI spending boom.
Source: YAHOO