Nvidia (NVDA) reported better-than-expected second quarter results after the market close on Wednesday. The chip giant reported adjusted earnings of $0.68...
) reported better-than-expected second quarter results after the market close on Wednesday. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion. Data center revenue was $26.3 billion. The estimate was $25.08 billion.
It's strange to sit here and say revenue quarter over quarter, non gap for NVIDIA up 15% earnings up 11% quarter quarter and say that is disappointing. They were gonna very carefully listen to what co Jensen Wong on the call about when he thought they would come into kind of a demand supply equilibrium.That is what move the stock as well after hours.Obviously, you don't wanna hear anything delay when it comes to NVIDIA.It just might be a street estimate thing.
They talk about the fact that Blackwell production is expected to scheduled to ramp beginning in the fourth quarter.But again, I think it might be part of that line there.
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