Summary by Moomoo AI
On August 28, 2024, NVIDIA Corporation reported its financial results for the second quarter ended July 28, 2024. The company announced a record quarterly revenue of $30.0 billion, which is a 15% increase from the previous quarter and a 122% increase from the same period a year ago. Data Center revenue also reached a record $26.3 billion, marking a 16% increase from the previous quarter and a 154% increase year-over-year. GAAP earnings per diluted share were $0.67, up 12% from the previous quarter and up 168% from the previous year. Non-GAAP earnings per diluted share were $0.68, an 11% increase from the previous quarter and a 152% increase year-over-year. NVIDIA's CEO, Jensen Huang, highlighted the strong demand for the Hopper architecture and the high anticipation for the upcoming Blackwell architecture...Show More