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Thursday, 24 August 2023

Nvidia reports Q2 revenue up 101% YoY to $13.51B, vs. $11.22B est., Data Center revenue up 171% YoY to $10.32B, and authorizes a $25B buyback; NVDA jumps 6%+ (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 101% YoY to $13.51B, vs. $11.22B est., Data Center revenue up 171% YoY to $10.32B, and authorizes a $25B buyback; NVDA jumps 6%+  —  - Nvidia's performance was driven by its data center business, which includes the A100 and H100 AI chips that are needed to build …



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