Stanford University
Only three years back, Nvidia's quarterly earnings were $6.2 billion. This increase was partly attributed to the firm having around 90% of the market for AI-powered semiconductors, the newspaper points out.
In the present quarter, the firm anticipates a revenue growth of 90%, reaching $108 billion. In the meantime, the CFO of the company, Colette Kress, cautioned about a continuing supply shortage that will serve as a constraint until at least January 2028.
The results surpassed Wall Street forecasts: experts anticipated earnings of $50.94 billion on sales of $91.96 billion. The data center sector continues to be the primary growth catalyst, as revenue surged by 117% to $89 billion, representing more than 90% of overall sales.
source: nytimes.com
In the present quarter, the firm anticipates a revenue growth of 90%, reaching $108 billion. In the meantime, the CFO of the company, Colette Kress, cautioned about a continuing supply shortage that will serve as a constraint until at least January 2028.
The results surpassed Wall Street forecasts: experts anticipated earnings of $50.94 billion on sales of $91.96 billion. The data center sector continues to be the primary growth catalyst, as revenue surged by 117% to $89 billion, representing more than 90% of overall sales.
source: nytimes.com