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  • 7 weeks ago
AI chip giant Nvidia has released its latest financial results, reporting revenue of US$46.7 billion for the second quarter — a 56% increase from the same period last year, driven by strong AI demand.

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00:00Meanwhile, NVIDIA has announced revenue of nearly $47 billion U.S. for the second quarter,
00:05a 56% increase from the same period last year, driven by strong AI demand.
00:11NVIDIA expects $54 billion in sales this quarter, and while the figures are above
00:16analysts' estimates, its stock dipped in after-hours trading amid concerns over China's
00:20outlook and U.S.-China tensions. CEO Jensen Huang said the company may bring its Blackwell
00:26chips to China and urge the U.S. to ease export restrictions.
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