Nvidia Shares Surge in After-Hours Trading After Record $96.2 Billion Revenue
In brief Nvidia’s quarterly revenue rose 106% year over year to $96.2 billion. Data Center revenue increased 117% to $89 billion.
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Key Facts
- Fact 1: In brief Nvidia’s quarterly revenue rose 106% year over year to $96.2 billion.
- Fact 2: Data Center revenue increased 117% to $89 billion.
- Fact 3: The company disclosed $366 billion in future commitments.
- Fact 4: The stock closed regular trading down 1.59% at $209.66 before recovering to about $217 after hours, roughly 3.5% above its closing price.
In brief Nvidia’s quarterly revenue rose 106% year over year to $96.2 billion. Data Center revenue increased 117% to $89 billion.
The company disclosed $366 billion in future commitments. Nvidia shares rebounded in after-hours trading Wednesday after initially falling following the chipmaker’s fiscal second-quarter earnings report. The stock closed regular trading down 1.59% at $209.66 before recovering to about $217 after hours, roughly 3.5% above its closing price.
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Original source: Decrypt
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