Nvidia shares rise after earnings top estimates, guides to $108 billion in revenue next quarter

Nvidia beats Q2 earnings estimates, guides $108B revenue for Q3 on strong AI demand.

· Source: coindesk.com

Summary

Nvidia reported better-than-expected fiscal Q2 results and issued a forward revenue guide of $108 billion for Q3, significantly above consensus and driven by sustained AI infrastructure demand. The beat and bullish guide triggered a move higher in the stock after hours, reinforcing the narrative of the company's dominance in GPU supply for large language models. For traders, this sets up a potential continuation into the next session and adds weight to the tech/AI mega-cap rally that's been underpinning broad market strength.

Original source

The full story is at coindesk.com

We index this publisher by headline and excerpt — we don't republish their reporting. Everything we hold on this story is above; the rest is one click away.

Read the full story

Counting Ticks summarises and links to reporting from third-party publishers. The full article and its copyright remain with coindesk.com.