Nvidia Continues To Lead The Way But Competition Is Intensifying

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However, its shares fell after the report, but still remain about 150% up for the year as Nvidia continues to serve big companies like Microsoft (NASDAQ: MSFT), Amazon.com Inc (NASDAQ: AMZN) Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Meta Platforms (NASDAQ: META) and Tesla Inc (NASDAQ: TSLA). 

Second Quarter Highlights

For the quarter ended in July, Nvidia reported its revenue surged 122% on a YoY basis as it topped $30 billion.

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Author / Journalist: Upwallstreet

Category: Technology

Markets: United States

Topics: US38259P7069 AAPL US67066G1040 Markets Tech NVDA Contributors TSLA AMZN GOOG US5949181045 AI US0079031078 US0231351067 AMD General MSFT US88160R1014 US0378331005 GOOGL Benzinga US38259P5089 META

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 16:05:49 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 617 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22309059

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