‘The race is on’ for AI: Nvidia CEO bullish as Q2 income tops estimates

Shares of laptop chip producer Nvidia (NASDAQ:) soared practically 10% in after-hours buying and selling as surging demand for AI chips noticed the agency put up Q2 earnings that considerably beat Wall Road estimates.

In its Q2 earnings report, the corporate posted a whopping $13.5 billion in income for the quarter — an 88% enhance from Q1. The income determine got here in at over $2 billion greater than the $11.2 billion that analysts had predicted for the corporate.

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