Tech Daily Report

Nvidia shares set to open at record high after big earnings beat

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

The AI darling has seen demand for its powerful GPU chips surge over the last year and projects that demand will continue through next year.

Nvidia shares jumped 7% after the company reported a beat on the top and bottom lines.

Analysts also honed in on strong guidance for the upcoming quarter. The company expects around $16 billion of revenue for its fiscal third quarter, up 170% compared to the year-ago period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia's AI-driven game characters are getting toxicNvidia's latest development, Nemo SteerLM, can help game devs turn NPCs as toxic or funny as they please with AI.
Source: DigitalTrends - 🏆 95. / 65 Read more »