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Nvidia reports earnings beat as revenue more than doubles

  • 8 sources analyzed
  • Source mix: Web
  • Momentum: Cooling

What We Know

Nvidia reported quarterly revenue of $96.2 billion, more than double the figure from a year earlier, as companies continued building artificial-intelligence systems and data centres.Backed by 2 sourcesBBCkoreaherald.com

The company forecast quarterly revenue of $108 billion, plus or minus 2%, above the $104.19 billion analyst estimate cited by Reuters.Backed by 1 sourcesReuters

The outlook included an expectation of 70 sales or revenue growth next year while the supplied market coverage also reports a positive share price reaction after the earnings releaseContext from one sourceen.infomaxai.com Nvidia s share price rise was linked to confidence in expanding demand for large clusters of GPUs and the continued AI investment cycleContext from one sourceCNBC

Source Comparison

Aligned reporting
3 corroborates - 2 adds context - 0 conflicts