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00:02NVIDIA reported second quarter adjusted earnings of $2.22 per share,
00:07beating the $2.10 street estimate, according to Benzinga.
00:11Revenue jumped 106% year-over-year to $96.22 billion,
00:17topping expectations of $92.18 billion.
00:20Data center revenue rose 117% to $89 billion,
00:25while edge computing revenue increased 27% to $7.2 billion.
00:30NVIDIA said Vera Rubin is ramping into full production with several major cloud partners.
00:36CEO Jensen Huang said AI has reached an inflection point
00:39as productive, profitable AI workloads drive accelerating demand for computing infrastructure.
00:45He said NVIDIA is seeing strong global momentum
00:48as the AI infrastructure build-out expands and Vera Rubin enters full production.
00:53The company guided for third quarter revenue of $105.84 billion
00:58to $110.16 billion, above the $104.20 billion street estimate.
01:06Guidance assumes no data center compute revenue from China.
01:09Shares were up by 6.58% at $223.46 in Thursday's pre-market trading,
01:16according to data from Benzinga Pro.
01:18For all things money, visit Benzinga.com.
