Revenue for Nvidia’s fiscal second quarter was $13.51 billion, more than double a year ago and far ahead of analyst forecasts. Net profit was $6.19 billion, also ahead of Wall Street expectations.
Updated Aug. 23, 2023 4:35 pm ETChip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth.
Photo illustration: Annie Zhaoreported record sales in its latest quarter and projected that surging interest in artificial intelligence is continuing to propel its business faster than expected.Continue reading your article with
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