Nvidia reported quarterly revenue of $96.2 billion (€82.4 billion) on Wednesday, easily surpassing Wall Street’s estimate of $92.2 billion (€79 billion). The company’s CEO, Jensen Huang, stated that artificial intelligence had reached a turning point and guided next quarter revenue to $108 billion (€92.5 billion), exceeding projections once more.
AI has reached a turning point, according to a statement from Huang. “It’s performing beneficial tasks. Its tokens are profitable and productive. Compute is now revenue, and demand is growing. For the most valuable corporation in the world, the days when Nvidia releases its quarterly results are extremely significant.
It is worth more than the GDP of Japan, the fourth-largest economy, with a market capitalization of more than $5 trillion (€4.3 trillion). Shortly after the announcement, shares dropped 1.8% in after-hours trade. The stock was down 1.6% at the end of the regular session. However, there is an odd pattern that occurs every quarter: even while Nvidia exceeds forecasts, the price still declines. Shares fell about 5% in the days that followed this year’s first-quarter beat.
Also Read:
Naser Taher is Acknowledged for His Ingenuity and Leadership in the Financial Services Industry
The Abu Dhabi Securities Exchange Saw Rapid Expansion in The First Half of 2026
About Author
