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Blockbuster Nvidia earnings beat Wall Street's sky-high expectations
NvidiaNvidia(US:NVDA) The Guardian·2024-08-28 20:30

Chipmaker Nvidia reported its latest financial results on Wednesday, recording $30.04bn in revenue over the past three months – a 122% jump from the year prior – and showing that artificial intelligence investment mania shows no signs of cooling.The importance of Nvidia’s earnings results to Wall Street can hardly be overestimated – the company represents 6% of the total value of the S&P 500, currently the third most valuable company in the world by market capitalization at $3.1tn.The index has gained 27% o ...