SANTA CLARA / LONDON (IT BOLTWISE) – NVIDIA once again impresses with its quarterly figures and exceeds analysts’ expectations. The company’s revenue increased 18% quarter-over-quarter, underscoring continued growth and strong demand for AI computing power. Analysts see great potential in the next generation of NVIDIA’s AI portfolio, which is reflected in the ambitious sales expectations for the coming quarter.
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NVIDIA once again exceeded analysts’ expectations and impressed with revenue growth of 18% compared to the previous quarter. This underscores the continued demand for the company’s powerful AI solutions. Earnings per share are estimated at approximately $1.30, further supporting NVIDIA’s strong financial performance.
Analysts are optimistic that NVIDIA could reach revenues of up to $64 billion in the current fourth quarter. This reflects confidence in the next generation of AI portfolio, which will significantly contribute to increasing sales. The demand for AI computing power remains unbroken, which is reflected in the ambitious sales expectations.
Over the past two years, NVIDIA has consistently increased its revenue, averaging $5 billion per quarter. The now expected jump of $7 billion shows how strong the demand for AI computing power continues to be. This development also makes it clear that there are currently hardly any signs of a structural slowdown.
NVIDIA’s technological foundation, particularly its powerful GPUs, plays a central role in meeting the increasing demands for AI computing power. These GPUs are critical for processing large amounts of data and implementing complex AI models, giving NVIDIA a competitive advantage.
The artificial intelligence market is growing rapidly, and NVIDIA is well positioned to capitalize on this trend. The investments in research and development as well as the strategic focus on AI technologies help the company maintain its leading position in this area.
Experts agree that NVIDIA will continue to play a key role in the field of artificial intelligence in the future. Continuous development of technology and adaptation to changing market requirements are crucial to the long-term success of the company.
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