Nvidia expects chip sales to double next year
Nvidia Chief Executive Jensen Huang said the company expects to double chip sales over the next year.
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Oracle posts record Q1 revenue, lifts cloud growth
Oracle reported record first-quarter revenue of $19.3 billion, up 30% year over year, with cloud infrastructure revenue up 121% to $7.4 billion. The company also completed a $20 billion equity issuance and guided Q2 revenue growth of 30% to 34%.
Nvidia posts double beat in Aug. 24-28 window
Nvidia reported fiscal second-quarter revenue of $96.22 billion, above the $92.11 billion estimate, with adjusted EPS of $2.22 versus $2.09 expected and third-quarter revenue guidance of $108 billion.
Marvell falls after record revenue and raised long-term guidance
Marvell reported record second-quarter revenue of $2.739 billion, raised fiscal 2027 revenue guidance to roughly $12 billion and fiscal 2028 guidance to about $18 billion, then fell more than 8% before Friday's open.
Why Wall Street Says Intel's Rich Valuation May Still Be Worth Paying
Intel Corp. (NASDAQ: INTC ) stock gained in premarket trading on Friday after the chipmaker reported stronger-than-expected second-quarter results and issued third-quarter guidance above analyst estimates. Beats Estimates, Raises Outlook The chipmaker beat second-quarter expectations, with revenue rising 25% year over