Nvidia's AI Chip Boom: Stock Soars
Update: 2025-11-19
Description
Nvidias Q2 financial forecasts soar, driven by Blackwell chip demand and data center growth. The company anticipates $28B revenue, a 6% jump in stock price, and a robust 75.5% gross margin. Data center revenue surges 427% YoY, while gaming revenue increases 18% YoY. Nvidias CEO, Jensen Huang, describes Blackwell chip demand as off the charts, positioning the company as the AI chip market leader.
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