Nvidia sees 94% surge in Q1 sales: Chipmaker reports strong AI-driven growth – The Times of India

Nvidia sees 94% surge in Q1 sales: Chipmaker reports strong AI-driven growth – The Times of India

Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…

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Nvidia Q3 results: Chipmaker giant reports 65% jump in net income; beats analyst predictions – The Times of India

Nvidia Q3 results: Chipmaker giant reports 65% jump in net income; beats analyst predictions – The Times of India

AI chip giant Nvidia on Wednesday reported profit of $31.9 billion and record high $57 billion quarterly revenue, surging beyond the bar set by stock market projections, potentially easing AI bubble fears.Investors closely watched as chipmaker Nvidia released its quarterly earnings amid the backdrop of AI bubble concerns.“Blackwell sales are off the charts, and cloud…

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Asian stocks today: Markets slip on AI valuation fears; Nvidia earnings weigh on tech sentiment – The Times of India

Asian stocks today: Markets slip on AI valuation fears; Nvidia earnings weigh on tech sentiment – The Times of India

Asian markets were subdued Wednesday as worries about high AI stock prices made investors cautious ahead of Nvidia’s earnings report.Nvidia has been a major driver of the global AI rally and is expected to report a 56% jump in revenue for the August–October quarter to $54.92 billion.”It looks like Nvidia’s stock price has been priced…

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