‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue tops estimates By Cointelegraph
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Shares of computer chip manufacturer Nvidia (NASDAQ:) soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall Street estimates.
In its Q2 earnings report, the company posted a whopping $13.5 billion in revenue for the quarter — an 88% increase from Q1. The revenue figure came in at over $2 billion more than the $11.2 billion that analysts had predicted for the company.
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Shares of computer chip manufacturer Nvidia (NASDAQ:) soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall Street estimates.
In its Q2 earnings report, the company posted a whopping $13.5 billion in revenue for the quarter — an 88% increase from Q1. The revenue figure came in at over $2 billion more than the $11.2 billion that analysts had predicted for the company.
Continue Reading on Coin Telegraph
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