Nvidia reported earnings and revenues that beat analysts’ expectations as demand for graphics and artificial intelligence chips picked up in the second fiscal quarter.
Nvidia reported revenues of $2.58 billion, down from $3.12 billion a year ago, for the second fiscal quarter, which ended July 31. Non-GAAP earnings per share were $1.24, compared with $1.94 a share a year ago. In after-hours trading, Nvidia’s stock was up 5% to $159 a share.
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