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NVDA Explodes Higher on Blowout Q2 Earnings and Bullish AI Outlook

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The Story

News Summary

  • NVIDIA reported blowout Q2 results, crushing revenue and EPS estimates with 106% YoY growth, and provided a very strong Q3 revenue guide of ~$30.8B.
  • The company announced major AI infrastructure deals with AWS, plans to acquire Hugging Face, and received multiple analyst price target upgrades.
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NVDA price history

210.96 +18.92% over the displayed period

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