Nvidia (NVDA, Financial), a leading semicoductor company announced record sales of $35.1 billion for the third quarter, $2 bilion above the Wall Street forecast. The chipmaking giant reported $19 billion in net income, helped by higher consumption of its artificial intelligence hardware and software products. The director of the company, CEO Jensen Huang, once pointed…
Revenue: $35.1 billion, up 17% sequentially and 94% year on year. Data Center Revenue: $30.8 billion, up 17% sequentially and 112% year on year. Gaming Revenue: $3.3 billion, increased 14% sequentially and 15% year on year. Pro-Vis Revenue: $486 million, up 7% sequentially and 17% year on year. Automotive Revenue: $449 million, up 30% sequentially…
Nvidia (NASDAQ:NVDA) Surprises With Strong Q3, Quarterly Revenue Guidance Slightly Exceeds Expectations Leading designer of graphics chips Nvidia (NASDAQ:NVDA) announced better-than-expected revenue in Q3 CY2024, with sales up 93.6% year on year to $35.08 billion. Guidance for next quarter’s revenue was better than expected at $37.5 billion at the midpoint, 1.3% above analysts’ estimates. Its…
Nvidia (NVDA) will report its third quarter earnings after the bell today, giving Wall Street its best and latest look into the strength of the artificial intelligence trade. The world’s largest publicly traded company by market cap, Nvidia’s stock price has continued to rocket higher throughout 2024, thanks to the explosive growth in AI across…
Bellwether semiconductor company Nvidia (NVDA) is due to present earnings after markets close on Wednesday, with all of Wall Street eager to learn whether the AI bull market still has legs. While founder Jensen Huang will feel the heat if he cannot deliver a bullish quarterly report, the pressure this time is not nearly as…
Despite rising competition, Nvidia holds 80% of the fast-growing market for artificial intelligence chips as the tech industry’s graphics processing unit, or GPU, of choice for making and deploying generative AI software. What investors will want to see when Nvidia reports its third-quarter earnings on Wednesday is whether it can continue to grow at a…
Nvidia (NVDA) will report its Q3 earnings after the bell next Wednesday, giving Wall Street its best and latest look into the strength of the AI trade. The world’s largest publicly traded company by market cap, Nvidia’s stock price has continued to rocket higher throughout 2024, thanks to the explosive growth in AI across the…
AI chipmaker Nvidia (NVDA) has officially joined the Dow Jones Industrial Average (^DJI), cementing the tech giant’s significance in the artificial intelligence era. Despite a broader dip in chip stocks Friday, Nvidia notched a weekly gain of roughly 9%. That surge has helped it overtake Apple (AAPL) this week as the world’s most valuable company,…
We recently published a list of Top 10 Trending AI Stocks to Watch in November. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other trending AI stocks to watch in November. Amid soaring valuations of AI stocks, beginner investors keep wondering whether they are too late…
Nvidia CEO Jensen Huang is due to visit Hong Kong next month to receive an honorary doctorate along with film star Tony Leung Chiu-wai and two renowned scholars. In an email sent to the students at the Hong Kong University of Science and Technology and seen by the Post, the institution said it would confer…