Nvidia targets $108 billion quarterly revenue after data-center surge

Axios · 2 days ago
  • Nvidia reported $96.2 billion in quarterly revenue and $59.7 billion in net income, exceeding S&P Capital IQ expectations of $92.1 billion and $51.2 billion, respectively.
  • Data-center revenue rose 117% year over year to $89 billion, underscoring sustained AI-compute demand.
  • Nvidia guided for $108 billion in next-quarter revenue, plus or minus 2%, and its shares rose 4.4% in after-hours trading after the outlook.

Quotes

We recognize the scale of this support, and we know some will call this circular financing. We see it differentlyColette Kress
I think the only regret that I have is that I didn't invest more and sooner.Jensen Huang

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