Nvidia's Data Center Revenue Hits Record High as Results Top Estimates
NVDANvidia(NVDA) Investopedia·2024-11-21 06:20

Nvidia (NVDA) reported third-quarter results that beat analysts’ estimates on the top and bottom lines, though shares fell slightly in extended trading Wednesday as investors may have had higher expectations. The artificial intelligence (AI) chipmaker saw third-quarter revenue nearly double year-over-year to a record $35.08 billion, above the analyst consensus from Visible Alpha. Net income at $19.31 billion more than doubled from the year-ago period, also topping projections. Data Center Revenue Hits Rec ...