Nvidia Surpasses Earnings Expectations Amid AI Advancements

Reported about 18 hours ago

Nvidia exceeded Wall Street's forecasts for its fourth-quarter earnings, reporting an EPS of $0.89 and revenue of $39.3 billion. CEO Jensen Huang highlighted significant advancements in AI, particularly with the new Blackwell architecture, which generated substantial sales. Despite challenges, including potential tariffs and competition from custom AI chips from tech giants, Nvidia continues to dominate the AI chip market, demonstrating its resilience and innovation in the sector.

Source: YAHOO

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