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Nvidia reports 122% revenue growth on surging demand for data center chips - TL;DR CNBC

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 corptechnologyapple incnvidia corpbusinessartificial intelligencetesla incbusiness newsjensen huangbreaking news: earningsmobileearningsbreaking news: technology

Source: https://www.cnbc.com/2024/08/28/nvidia-nvda-earnings-report-q2-2025.html


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