NVIDIA Q2 Data Center Revenue $26.3B, Up 16% From Q1, Up 154% YoY
Portfolio Pulse from Benzinga Newsdesk
NVIDIA reported a significant increase in its Q2 data center revenue, reaching $26.3 billion. This marks a 16% increase from Q1 and a 154% increase year-over-year, highlighting strong growth in this segment.
August 28, 2024 | 8:26 pm
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NVIDIA's Q2 data center revenue reached $26.3 billion, a 16% increase from Q1 and a 154% increase year-over-year, indicating robust growth in this segment.
The substantial increase in NVIDIA's data center revenue suggests strong demand and growth in this segment, likely boosting investor confidence and positively impacting NVDA's stock price in the short term.
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