Nvidia reports 122% revenue growth on surging demand for data center chips
Publishing timestamp: 2024-08-28 16:00:02
Summary
Nvidia reported earnings that beat expectations and provided strong guidance for the current quarter. The company's revenue continues to surge, with its data center business seeing significant growth. Nvidia's market cap recently surpassed $3 trillion, and it remains a key player in the artificial intelligence boom.
Sentiment: POSITIVE
Tickers: NVDA,
Keywords: microsoft corp, technology, apple inc, nvidia corp, business, artificial intelligence, tesla inc, business news, jensen huang, breaking news: earnings, mobile, earnings, breaking news: technology,
Source: https://www.cnbc.com/2024/08/28/nvidia-nvda-earnings-report-q2-2025.html