Nvidia's record-breaking profits boost SOX and NASDAQ indices
Last week, the SOX index rose 5%, the NASDAQ index rose 1%, and the S&P index remained flat.
Analysts had a lot of expectations $NVIDIA(NVDA.US$ He said that the financial results were a highlight.
The company's performance surpassed expectations despite investors' high expectations. Nvidia's results and guidance both surpassed high expectations of approximately $1.5 billion in revenue.
Kumar said earnings for the same quarter greatly exceeded market expectations, and management guidance further detailed the launch of the new Blackwell chip, which is scheduled to go into full operation around the October quarter. He continued, and Blackwell $Amazon(AMZN.US$ 、 $Alphabet-C(GOOG.US$ 、 $Meta Platforms(META.US$ 、 $Microsoft(MSFT.US$ It boasts customers such as, and demand for hoppers is strong, and since it exceeds NVIDIA's supply capacity in the short to medium term, NVIDIA is regarded as the best high-speed computing and generation AI supplier.
Kumar pointed out that AI PCs also became news following Microsoft Build.
According to analysts, $Qualcomm(QCOM.US$ The X Elite series supplies power to new PCs equipped with Copilot+ and is likely to provide significantly improved battery life over x86 alternatives.
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