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Nvidia's Blowout Quarter Signals Broad AI Tech Rally

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia posted phenomenal Q2 results with 106% revenue growth, driven by unrelenting AI demand.
  • Broadcom is anticipated to report strong earnings on Sept 2nd due to its AI chip and networking opportunities, while Ciena is poised to beat expectations on Sept 3rd amid a shortage of optical networking components.
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NVDA price history

218.29 +19.87% over the displayed period

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