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Nvidia beats forecasts after its revenue soars 106%

La mayor empresa del mundo por capitalización aumenta su beneficio un 126%, hasta los 59.688 millones de dólares Leer

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Nvidia beats forecasts after its revenue soars 106%

Nvidia's shares rose up to 4% in the after-hours Wall Street market following the release of its strong quarterly results. The chipmaker reported a $59.688 billion profit in its fiscal second quarter, a 126% increase from the same period last year, with earnings per share of $2.22, beating the expected $2.10. Revenue surged 105.85% to $96.221 billion, surpassing the predicted $92.290 billion, driven by its data center division.

CEO Jensen Huang stated that AI has reached a turning point, with its technology now generating revenue. Nvidia forecasts $108.000 billion in revenue for the third quarter, ahead of the expected $105.000 billion.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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