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Chip giant Nvidia posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts.
Nvidia posted record quarterly revenue of $81.6 billion, up 85% year-over-year.
KEY POINTS
- Data center revenue reached a record $75.2 billion, increasing 92% from last year.
- Nvidia's guidance does not include any data center revenue from China due to export restrictions.
- Nvidia invested $10 billion in Anthropic and committed with CoreWeave for five gigawatts of AI facilities.
- Despite stellar results, Nvidia shares fell over one percent in after-hours trading.
COMPANIES
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