Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
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Nvidia reported a significant increase in third-quarter profit and sales, driven by strong demand for its AI chips, particularly the upcoming Blackwell series.
November 21, 2024 | 10:00 am
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Nvidia's third-quarter earnings exceeded expectations due to high demand for its AI chips, including the anticipated Blackwell series.
Nvidia's strong earnings report, driven by robust demand for its AI chips, suggests positive investor sentiment and potential stock price increase. The anticipation of the Blackwell series further boosts this outlook.
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IMPORTANCE 90
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