Nvidia beats on earnings and revenue as data center sales jump 73%
- Nvidia reported better-than-expected earnings and revenue on Wednesday, as the company’s booming data center business recorded year-over-year growth over 73%.
- The stock rose in extended trading.
- Overall revenue grew by 69% during the quarter, and sales in the company’s important data center division — which includes AI chips and related parts — grew 73% on an annual basis to $39.1 billion.