Nvidia CEO bullish as Q2 revenue tops estimates By Cointelegraph

Shares of computer chip manufacturer Nvidia (NASDAQ:) soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall Street estimates.

In its Q2 earnings report, the company posted a whopping $13.5 billion in revenue for the quarter — an 88% increase from Q1. The revenue figure came in at over $2 billion more than the $11.2 billion that analysts had predicted for the company.

Nvidia (NVDA) Q2 earnings summary. Source: Nvidia
Nvidia (NVDA) share price in the last 24 hours. Source: TradingView