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Benzinga
Benzinga
Business
Piero Cingari

Nvidia's $57 Billion Quarter Sends A Message: The AI Race Is Now A One-Horse Race

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Nvidia Corp. (NASDAQ:NVDA) delivered a blowout third-quarter earnings report after the bell on Wednesday, sharply beating Wall Street expectations and issuing bullish guidance that reaffirmed its dominance in the AI hardware space.

According to Benzinga Pro, the world’s biggest company posted revenue of $57.01 billion, surpassing the $54.88 billion Street consensus. At the same time, earnings per share came in at $1.30, topping expectations of $1.25 and marking a 60.5% year-over-year increase.

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