Nvidia earnings surpass Wall Street expectations amid AI chip boom
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LiveNOW’s Mike Pache is speaking with Madison Alworth from Fox Business as chipmaker Nvidia’s quarterly results surpassed Wall Street analysts' expectations. They say this boom is largely due to massive demand for its high-end AI chips. On Wednesday the company said it earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier. According to The Associated Press, revenue jumped 85% to $81.62 billion from $44.01 billion. Subscribe to LiveNOW from FOX! https://www.youtube.com/livenowfox?sub_confirmation=1 Where to watch LiveNOW from FOX: https://www.livenowfox.com Follow us @LiveNOWFOX on TikTok: https://www.tiktok.com/@livenowfox Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.
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