Technology · 3 days ago
Nvidia's revenue exceeds Wall Street expectations, but shares trade lower
The US chipmaker, central to the AI boom, reported its second-quarter results on Wednesday after the US market closed. Analysts had expected revenue of around $91.9 billion, but Nvidia's actual revenue significantly exceeded these forecasts doing $96.2 billion. Nvidia's performance is closely watched as its chips power much of the AI infrastructure built by major tech companies.
Reported by uk.finance.yahoo.com · How we write briefs