Nvidia reports that its quarterly results for the February–April period exceed Wall Street expectations, driven by continued strong demand for its high-end AI chips. Multiple outlets describe the results as another beat versus analyst forecasts, reflecting ongoing investment in AI infrastructure.
Business Standard provides specific financial figures: Nvidia earns USD 58.32 billion, or USD 2.39 per share, compared with USD 18.78 billion, or 76 cents per share, a year earlier. Revenue rises 85% to USD 81.62 billion from USD 44.01 billion. The company also reports earnings of USD 1.76 per share excluding one-time items. Analysts, based on a FactSet poll, expected USD 1.75 per share and revenue of USD 78.91 billion.
In its statement, CEO Jensen Huang links the demand to accelerating deployment of AI infrastructure, describing “AI factories” as the largest infrastructure expansion in human history. The other sources largely echo the same theme—surpassing expectations due to AI chip demand—without adding additional figures beyond what is included in Business Standard.
