NVIDIA Posts Quarterly Revenue Exceeding 96 Billion Dollars

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NVIDIA reported record quarterly results with revenue of 96.2 billion dollars in Q2, representing a 106% year-over-year increase and 18% growth compared to the previous quarter. The company’s gross margin stands at 75%, while its market capitalization reaches 5.078 trillion dollars, making it the world’s most valuable company. CEO Jensen Huang emphasized artificial intelligence as the central driver of this growth, describing a golden age with the emergence of new specialized labs and startups. For the current quarter, NVIDIA expects revenue of 108 billion dollars, plus or minus 2%.

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