TLDR · BIG TECH & STARTUPS
NVIDIA PROFITS SOAR, SOOTHING INVESTOR JITTERS OVER AI BOOM
Summary from the TLDR newsletter
Nvidia reported record sales at its quarterly earnings report yesterday. The company hit a record $57 billion in the October quarter, up 62% from the year-earlier quarter. Nvidia estimates sales for the current quarter will reach $65 billion. Shares in the company rose up to 6.5% in after-hours trading.