AI boost: Nvidia beats expectations with Q2 results and bullish Q3 guidance, announces $25 billion share buyback

Nvidia CEO Jensen Huang presenting at a conference - Nvidia reports strong Q2 results and announces a $25 billion share buyback program.

St Nick CLARA, Calif. (Reuters) – Nvidia Corp (NVDA.O) revealed second-quarter income that surpassed market assumptions on Wednesday, moved by strong interest for its gaming and server farm items, provoking the chipmaker to declare a $25 billion offer buyback program. Nvidia’s income for the subsequent quarter finished July 30, 2023, arrived at a faltering $7.56 … Read more