Nvidia revenue doubles on continued AI demand

Chipmaker's $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.

Nvidia Investor Jack Ablin on Earnings Results, Guidance

Jack Ablin, Founding Partner and Chief Investment Strategist at Cresset, a $260 billion family office, joined the discussion to provide insights on Nvidia's recent stock performance. Ablin also touched on Nvidia’s recent earnings report and a significant data center lease agreement with terms of 15 years, indicating strong business fundamentals supporting the company's outlook.. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

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Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.

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Nvidia Posts $96 Billion Quarter As AI Boom Powers 106% Growth In A Year

The AI behemoth forecasts revenue will top $100 billion in Q3.

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Nvidia doubled its quarterly revenue to $96 billion and crushes estimates—CEO Jensen Huang says demand is accelerating

Nvidia's second quarter fiscal 2027 earnings results were released after the market closed on Wednesday.

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