Browsing: 962bn

Nvidia smashes Q2 forecasts at $96.2bn as AI hits ‘inflection point’

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Nvidia posted quarterly revenue of $96.2 billion (€82.4bn) on Wednesday, comfortably beating the $92.2 billion (€79bn) Wall Street had expected, as chief executive Jensen Huang declared that artificial intelligence had reached a turning point and guided next quarter revenue to $108 billion (€92.5bn) — again, above forecasts.