SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Nvidia Corp. (NVDA) on Wednesday reported fiscal second-quarter earnings of $26.42 billion.
The Santa Clara, California-based company said it had profit of $1.08 per share. Earnings, adjusted for one-time gains and costs, were $1.05 per share.
The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The maker of graphics chips for gaming and artificial intelligence posted revenue of $46.74 billion in the period, which also beat Street forecasts. Twelve analysts surveyed by Zacks expected $46.14 billion.
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