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"Top Student" Nvidia Financial Report: Exceeds Expectations but Fails to Meet Everyone's Expectations

On November 21st, Nvidia's sales soared and profits nearly doubled in its latest quarter, a sign of the strength of the artificial intelligence boom that has made the company the world's most valuable company. The company reported revenue of $35.10 billion in the third quarter, up 17% quarter-on-quarter and beating analysts' forecasts surveyed by FactSet. The profit reached $19.30 billion, which also exceeded Wall Street's expectations. In addition, the company's fourth-quarter revenue forecast ...

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2024-11-20 21:45:16
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