Nvidia Stocks surge, Gautam Adani faces US charges for $250M bribery scheme
Автор: Money Talks
Загружено: 2024-11-26
Просмотров: 404
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Investors have been digesting the highly anticipated third quarter earnings from chipmaker Nvidia this week.
The AI darling reported a 94-percent surge in revenue for the third quarter to over 35-billion dollars.
Net income during the three month period rose to 19.3 billion dollars, versus 9.24 billion dollars in the same period last year.
The chipmaker says it expects around 37.5 billion dollars, plus or minus 2-percent, in current quarter sales. Nvidia has been a primary beneficiary of the AI frenzy over the past year, with the previous three quarters' sales rising 122%, 262%, and 265%, respectively.
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