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Off The Charts Nvidia
A sign for a Nvidia office building is shown in Santa Clara, Calif., Wednesday, Aug. 7, 2024. (AP Photo/Jeff Chiu)

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecasts

By Associated Press
Published - Aug 28, 2024, 05:06 PM ET
Last Updated - Aug 28, 2024, 05:06 PM EDT

Nvidia has once again turned out quarterly results that easily exceeded Wall Street's forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications.

Revenue more than doubled in the latest quarter from the same period a year earlier, Nvidia said Wednesday. The company expects further revenue growth in the current quarter that ends in October. Investors will be watching to see if demand for the company's products can maintain its red-hot pace.

The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here's a look.

$3.156 Trillion
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