Nvidia fails to impress investors with blockbuster results, as AI adoption ‘skyrockets’ – business live

Rolling coverage of the latest economic and financial news Ipek Ozkardeskaya, senior analyst at Swissquote, says Nvidia announced “another spectacular set of results” last night: The company posted $68.1bn in revenue, 73% higher than the same period last year, with 90% of that coming from its data-center division. Net income almost doubled, and gross margin improved to 75% — all significantly better than analysts had expected. “Enterprise adoption of agents is skyrocketing. Our customers are ...

By Graeme Wearden