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TRUMP PRAISES NVIDIA $NVDA AFTER RECORD $96.2B QUARTER
Trump: "Nvidia just announced Record Sales of 96.2 Billion Dollars, forecasting a 70% rise in Revenue in 2028. Congratulations to Jensen Huang on these incredible numbers, and the Company's Great Success. Only in America!"
Nvidia reported fiscal Q2 revenue of $96.2B on August 26, up 106% year over year, against a $92.27B consensus. Adjusted EPS was $2.22 vs $2.09 est. Data center revenue was $89.0B, up 117%.
The 70% figure refers to fiscal 2028, the year ending January 2028. Analysts had been modeling about 44% growth for that period.
Q3 guidance is about $108B vs roughly $104B est, and excludes any data center compute revenue from China.
Source:https://twitter.com/faststocknewss/status/2093087738518204553
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