( ) -q-24- UNDATED (Correspondent Jeremy House) “results in stride.” Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. [CutID: <Cuts> NVIDIA-PROFITS-house-q-THUam.mp3 Time: 24s Title: NVIDIA-PROFITS-house-q-THUam Out-cue: results in stride] TAG: Correspondent Jeremy House reporting. Nvidia’s high-flying stock is up […]
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Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
( ) -q-24- UNDATED (Correspondent Jeremy House) “results in stride.”
Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
[CutID: <Cuts> NVIDIA-PROFITS-house-q-THUam.mp3
Time: 24s
Title: NVIDIA-PROFITS-house-q-THUam
Out-cue: results in stride]
TAG: Correspondent Jeremy House reporting. Nvidia’s high-flying stock is up 195% so far this year.
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VERBATIM: For the three months that ended October 27, the tech giant based in Santa Clara, California, posted revenue of $35.08 billion, up 94% from a year ago. It earned $19.31 billion in the quarter, more than double what it posted in last year’s third quarter. The results topped Wall Street estimates but investors took the results in stride.