Nvidia beats Wall Street, outlook on track to beat US$100b in current quarter

Jamaica Gleaner 28 Aug Jamaica

Nvidia’s latest quarterly results once again blew past Wall Street’s expectations as revenue for the computer chip company’s high-end artificial intelligence (AI) chips soared, the latest sign that AI infrastructure spending remains strong. The company reported on Wednesday net income of US$59.69 billion, or US$2.46 per share, for the May-July period. That compares to net income of US$26.42 billio

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