After the market closed on Wednesday, Nvidia reported second-quarter revenue of $30.04 billion, beating the consensus estimate of $28.684 billion. The leading AI chipmaker reported adjusted earnings of 68 cents per share, beating analyst estimates of 64 cents per share. “Hopper demand remains strong, and the anticipation for Blackwell is incredible. NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI,” said Jensen Huang, founder and CEO of Nvidia. Nvidia expects third-quarter revenue of $32.5 billion, plus or minus 2%, versus estimates of $31.77 billion. The company anticipates gross margins of 74.4% and adjusted gross margin of 75% in the third quarter. #nvda #nvidia #jensenhuang
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