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Stock impact report

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips [Yahoo! Finance Canada]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
For the three months that ended Oct. 27, the tech giant based in Santa Clara, California, posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago. Nvidia said it earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year's third quarter. Adjusted for one-time items, it earned 81 cents a share. Wall Street analysts had been expecting adjusted earnings of 75 cents a share on revenue of $33.17 billion, according to FactSet. Investors took the results in stride, however, and Nvidia's high-flying stock slipped about 1% in after-hours trading. Shares in Nvidia Corp. are up 195% so far this year. “The age of AI is in full steam, propelling a global shift to Nvidia computing,” Jensen Huang, founder and CEO of Nvidia, said in a statement. Nvidia's third-quarter data center revenue was $30.8 billion, up 112% from a year ago. That growth was driven by demand for the Hopper computing platform for large language models, recommendation Show less Read more
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