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Nvidia's AI infrastructure boom drives record revenue and hefty guidance

1 min read
Source: BBC
Nvidia's AI infrastructure boom drives record revenue and hefty guidance
Photo: BBC
TL;DR

Nvidia reported $96 billion in revenue for the quarter, more than doubling from a year earlier, led by its data-centre division at $89 billion (up 117%). It forecast about $108 billion in revenue for the next quarter as the AI infrastructure buildout accelerates, and after-hours shares rose roughly 4.7%.

Topics:top-newsbusiness#ai#business#data-centers#nvidia#revenue#stock
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  1. Nvidia sales soar on rapid buildout of AI data centres  BBC
  2. NVIDIA Announces Financial Results for Second Quarter Fiscal 2027  NVIDIA Newsroom
  3. Key Takeaways From Nvidia’s Earnings  WSJ
  4. Nvidia’s earnings to test resurgent AI trade  Yahoo Finance
  5. Nvidia doubles its sales, but investors have their eye on the future  CNN

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