Nvidia Reports $96.2 Billion in Second-Quarter Revenue, Beating Estimates

Nvidia Corp. reported second-quarter revenue of $96.2 billion, topping market estimates as demand tied to artificial intelligence supported results.

Cointelegraph, a cryptocurrency-focused media outlet, reported on Aug. 26 that Nvidia disclosed second-quarter revenue of $96.2 billion.

That exceeded the market forecast of $92.38 billion by about $3.82 billion.

Nvidia is a major player in the AI semiconductor market, and its earnings are closely watched as a barometer of demand for AI-related investment and broader sentiment toward technology stocks.