NVidia shares jumped 8 percent in post-market trading after the chipmaker reported its second-quarter estimate and issued upbeat guidance for the current period.
In terms of results, second-quarter earnings were $2.7 per share, adjusted, versus $2.09 per share expected by Refinitiv."
Quarterly revenue jumped 88 percent to $13.51 billion, up from expectations of $11.22 billion.
NVidia expects third-quarter revenue to be $16 billion, higher than Refinitiv's forecast of $12.61 billion.
Source (Al Khaleej Emirati Newspaper, Edited)