Nvidia Revenue Beats Expectations
AI Has a Chance to Breakthrough
The most anticipated event of the week, Nvidia announced Q2 revenue of $30 billion, beating the forecast of $28 billion.
Nvidia also raised its Q3 revenue expectation to $32.5 billion compared to the $31.7 billion expected by the market, continuing the company's streak of record days.
The growth was mainly due to GPU sales, expectations for the upcoming Blackwell chip, and especially the breakthrough in the Chinese market.
➡️ This is good news for AI coins