NVIDIA Corporation (NVDA) reported a record sales figure of $81.6 billion for its latest quarterly results, reflecting an 85% increase year-over-year. The company’s adjusted earnings per share (EPS) reached $1.87, more than doubling compared to the same period last year.
Data Center sales also hit a record high at $75.2 billion, marking a 92% growth year-over-year. This growth underscores NVIDIA’s position as a leader in the AI infrastructure market, with strong demand for its GPUs continuing to drive revenue ambitions.
These positive results are reflected in EPS revisions for the current and next fiscal years, suggesting a robust outlook for the company, which holds a Zacks Rank of #2 (Buy).
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