Nvidia earnings beat expectations but fail to impress investors ...Middle East

The Hill - Technology
Nvidia earnings beat expectations but fail to impress investors
source : The Hill ( Middle East ) () 78
Nivida’s highly-anticipated quarterly earnings beat expectations but failed to impress investors Wednesday, with its share price sliding in after-hours trading.  The chipmaker raked in $30 billion in revenue in the three-month period ending in late July, up 15 percent from the last quarter and up 122 percent from the same period last year. This topped Wall Street’s forecast of $28.7 billion.  “NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI,” CEO Jensen Huang said in a statement Wednesday.  “Across the entire stack and ecosystem, we are helping frontier model makers to

Hence then, the article about nvidia earnings beat expectations but fail to impress investors was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Nvidia earnings beat expectations but fail to impress investors )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

ASUS’s X870 BIOS Adds “Future” Ryzen CPU Support: Could Be Ryzen AI 400 or 9950X3D2

before hour & 35 minute

MacBook Neo SSD Speeds Might Play A Big Part In Making Or Breaking Your Purchase

before 8 hours & 12 minute

Pentagon memo orders commanders to remove Anthropic from key systems

before 9 hours & 26 minute

ASRock Recommends Intel Arc A380 For DeskMeet Series For Gamers On A budget

before 9 hours & 48 minute

Intel Nova Lake S-Based Embedded PC Mockup Reveal CPUs Support 8000 MT/s DDR5

before 10 hours & 18 minute

Microsoft files amicus brief supporting Anthropic in Pentagon fight

before 11 hour & 19 minute

ASUS Dismisses Apple’s MacBook Neo as ‘Just a Tablet’, and the Entire Windows Ecosystem Is Gearing Up to Fight Back

before 12 hour & 10 minute

PlayStation You Owe Us: The £1.97 Billion Class Action Against Sony’s PlayStation Store Has Begun

before 13 hour & 4 minute

Cruz questions full Anthropic ban: 'I have not seen a basis laid out'

before 13 hour & 7 minute

March’s PS Plus Extra Games Have Leaked, Will Include Space Marine 2, Metal Eden, Persona 5 Royal and More

before 13 hour & 38 minute

Google’s Sergey Brin backs rival candidates in race to succeed California Gov. Gavin Newsom

before 13 hour & 42 minute

Ghost of Yotei Legends is Out Now on PS5, and it Makes Sony’s Pivot Away From PC Ports Sting Even More

before 14 hour & 29 minute

Live Nation CEO urged by frustrated judge to settle with states after stunning deal with feds: ‘tickle on the wrist’

before 14 hour & 33 minute

Pixel 11 Pro Fold: When Will Google Get Over Its Fetish For Ugliness?

before 14 hour & 47 minute

A.I. Incites a New Wave of Grieving Parents Fighting for Online Safety

before 15 hour