Q2 Financial Performance
Nvidia’s Q2 results reveal its strong financial position. The company reported earnings per share of $0.68 adjusted, above the expected $0.64, and revenue of $30.04 billion, topping the anticipated $28.7 billion. Additionally, Nvidia approved $50 billion in share buybacks. These numbers showcase Nvidia’s success in meeting the high demand for AI chips, reinforcing its market dominance.
Q3 Projections
Nvidia’s outlook for the coming quarter is optimistic. The company projects Q3 revenue of $32.5 billion (±2%), surpassing analyst estimates of $31.77 billion. Furthermore, Nvidia expects its new Blackwell chips to generate…
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