Nvidia is poised for continued growth, fueled by the upcoming Blackwell chip rollout, after nearly doubling its sales last quarter and reaching a $140 billion annual revenue run rate. The company is ramping up production of Blackwell, its next-gen AI server products, with shipments already underway to Microsoft, OpenAI, and Oracle. CEO Jensen Huang and CFO Kress reassured investors that Blackwell production is on track. Nvidia expects Blackwell’s sales to surpass previous forecasts.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA is poised for continued growth fueled by the upcoming Blackwell chip rollout after
00:07nearly doubling its sales last quarter and reaching a $140 billion annual revenue run rate.
00:12The company is ramping up production of Blackwell, its next-gen AI server products,
00:17with shipments already underway to Microsoft's OpenAI and Oracle.
00:21CEO Jensen Wang and also CFO Kress reassured investors that Blackwell production is on track.
00:27NVIDIA expects Blackwell's sales to surpass the previous forecasts.
00:31For all things money, visit Benzinga.com.