Nvidia projects 70% revenue growth for next fiscal year
NVDA NVIDIA Corp
$209.96 -1.45%
View chart & analysis → - 1Nvidia (NVDA) shares rose 4.4% in extended trading after the company forecast 70% revenue growth for its next fiscal year.
- 2The chipmaker beat estimates with quarterly revenue of $96.2 billion and net income of $59.7 billion, and guided next-quarter revenue to $108 billion (give or take 2%).
- 3CFO Colette Kress pushed back against concerns of circular financing, previewing selective credit support of roughly 2GW of computing capacity for other leading AI research labs.
This 3-line summary is compiled from the report below.
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