Reported about 9 hours ago
Nvidia's quarterly earnings slightly surpassed analysts' estimates, with adjusted earnings of $1.05 per share and record revenue of $46.74 billion, driven in part by significant sales of H20 chips outside China. Despite a slight miss on data center sales expectations, Nvidia remains optimistic, forecasting $54 billion in revenue for the third quarter. The company continues to seek opportunities in the Chinese market while announcing an additional $60 billion for stock buybacks, although shares dropped about 3% in after-hours trading.
Source: YAHOO