positive
Nvidia Posts Strong Q3 Results with Data-Center Revenue Dominating Growth
Nvidia reported quarterly revenue of $57 billion, climbing 62% from a year earlier, driven by heavy demand for its data-center GPUs used for AI training workloads. Data-center revenue accounted for $51.2 billion, reinforcing the company’s central role in the global AI buildout. The firm exceeded EPS expectations despite ongoing geopolitical tensions affecting China sales.
Companies:
- Nvidia
Tags:
- AI
- nvidia
CNBC• By Ayush Samantaray
Explore:Mutual Fund Themes
positive
Nvidia Posts Strong Q3 Results with Data-Center Revenue Dominating Growth
Nvidia reported quarterly revenue of $57 billion, climbing 62% from a year earlier, driven by heavy demand for its data-center GPUs used for AI training workloads. Data-center revenue accounted for $51.2 billion, reinforcing the company’s central role in the global AI buildout. The firm exceeded EPS expectations despite ongoing geopolitical tensions affecting China sales.
Companies:
- Nvidia
Tags:
- AI
- nvidia
CNBC• By Ayush Samantaray
Explore:Mutual Fund Themes
1 min read
55 words
Nvidia delivered strong Q3 revenue and EPS, with data-center sales dominating growth despite competitive and geopolitical headwinds.
Nvidia reported quarterly revenue of $57 billion, climbing 62% from a year earlier, driven by heavy demand for its data-center GPUs used for AI training workloads. Data-center revenue accounted for $51.2 billion, reinforcing the company’s central role in the global AI buildout. The firm exceeded EPS expectations despite ongoing geopolitical tensions affecting China sales.
Nvidia reported quarterly revenue of $57 billion, climbing 62% from a year earlier, driven by heavy demand for its data-center GPUs used for AI training workloads. Data-center revenue accounted for $51.2 billion, reinforcing the company’s central role in the global AI buildout. The firm exceeded EPS expectations despite ongoing geopolitical tensions affecting China sales.
Companies:
- Nvidia
Tags:
- AI
- nvidia
- AI
- nvidia
- earnings
- semiconductors