Nvidia's AI Chips Boom: Stock Soars on $28B Revenue Forecast
Update: 2025-11-19
Description
Nvidias Q2 financial outlook shines with a projected $28 billion revenue, surpassing expert predictions, driven by high demand for new AI-focused Blackwell chips. The companys data center business thrives at $100 billion annually, with strong interest from industries like automotive, healthcare, and finance. Nvidias shares soar 6% in after-hours trading, reflecting investor confidence in the companys AI dominance. The new Blackwell chips, with exceptional performance, are expected to be available in H2 2023, positioning Nvidia to capitalize on the ongoing AI boom.
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