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Nvidia’s AI Chip Boom Drives $91 Billion Revenue Forecast
Nvidia is once again showing how central it has become to the artificial intelligence boom. The company forecast second-quarter revenue of $91 billion, plus or minus 2 percent, beating Wall Street expectations of $86.84 billion. Alongside the strong outlook, Nvidia announced an $80 billion share buyback program and raised its quarterly cash dividend from 1 cent per share to 25 cents. Even with those major announcements, Nvidia’s shares slipped in extended trading, showing tha
Covertly AI
May 243 min read


Nvidia’s Record Q3 Earnings Reveal High Demand for AI GPUs
Nvidia’s latest earnings paint a picture of a company not just riding the AI wave, but helping create its momentum. The chipmaker reported an astonishing $57 billion in revenue for the third quarter, a 62% jump from the same period last year (TechCrunch; Yahoo Finance; Startup Ecosystem). This surge was matched by equally impressive profitability: net income soared to $32 billion, up 65% year-over-year (TechCrunch; Yahoo Finance; Startup Ecosystem). Both figures blew past Wal
Covertly AI
Nov 20, 20253 min read
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