The U.S. semiconductor giant Nvidia announced its financial ...

The U.S. semiconductor giant Nvidia announced its financial results for the May-July 2024 period on the 28th. Revenue and net profit exceeded market expectations, but due to overheating from the previous stock rise, the stock price temporarily fell.

The datacenter division's revenue exceeded expectations at 26.2 billion 72 million dollars. The ongoing scenario of large technology companies competing in AI development, investing huge amounts of money in AI semiconductors, continues to expand Nvidia's earnings.