Reported about 13 hours ago
Nvidia reported record sales of $46.7 billion for the second quarter, a 56% year-over-year increase, driven by demand for AI-related data center business and its new Blackwell chip generation. The company's net income also surged to $26.4 billion, up 59% from last year. Despite restrictions on chip sales to China and no sales of its H20 chip in the region, Nvidia expects to generate $54 billion in revenue for the upcoming quarter.
Source: YAHOO