NVIDIA (NVDA) PT Raised to $650 at BofA Securities, 'Transformative AI pipeline, still in early stages'

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Go back to NVIDIA (NVDA) PT Raised to $650 at BofA Securities, 'Transformative AI pipeline, still in early stages'

NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

August 23, 2023 4:20 PM EDT

Record revenue of $13.51 billion, up 88% from Q1, up 101% from year agoRecord Data Center revenue of $10.32 billion, up 141% from Q1, up 171% from year ago

SANTA CLARA, Calif., Aug. 23, 2023 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51 billion, up 101% from a year ago and up 88% from the previous quarter.

GAAP earnings per diluted share for the quarter were $2.48, up 854% from a year ago and up 202% from the previous quarter. Non-GAAP earnings per diluted share... More

VMware and NVIDIA Unlock Generative AI for Enterprises

August 22, 2023 12:30 PM EDT

New VMware Private AI Foundation With NVIDIA Enables Enterprises to Ready Their Businesses for Generative AI; Platform to Further Support Data Privacy, Security and Control

LAS VEGAS--(BUSINESS WIRE)-- VMware ExploreVMware, Inc. (NYSE: VMW) and NVIDIA (NASDAQ: NVDA) today announced the expansion of their strategic partnership to ready the hundreds of thousands of enterprises that run on VMwares cloud infrastructure for the era of generative... More

NVIDIA AI-Ready Servers From World’s Leading System Manufacturers to Supercharge Generative AI for Enterprises

August 22, 2023 12:30 PM EDT

LAS VEGAS, Aug. 22, 2023 (GLOBE NEWSWIRE) -- VMware Explore -- NVIDIA today announced the worlds leading system manufacturers will deliver AI-ready servers that support VMware Private AI Foundation with NVIDIA, announced separately today, to help companies customize and deploy generative AI applications using their proprietary business data.

NVIDIA AI-ready servers will include NVIDIA® L40S GPUs,... More