Tag Archives: Revenue

(Reuters) -Business software provider Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, as clients dial back spending on its enterprise cloud products due to macroeconomic uncertainty. The cloud software provider also announced a $20 billion increase to its existing share buyback program, bringing the total to $50 billion. Shares of the San Francisco, California-based company fell more than …

Last week, Nvidia Corp. NVDA reported second quarter earnings that exceeded analysts’ forecasts. However, the focus shifted to two undisclosed customers who made up a substantial 39% of the company’s revenue. Referred to as “Customer A” and “Customer B” in Nvidia’s SEC filing, these clients were responsible for 23% and 16% of Nvidia’s Q2 revenue, respectively. This marks a significant …

Nearly 40% of Nvidia’s revenue tied to two mystery customers, filing shows  TechSpot Nvidia’s top two mystery customers made up 39% of the chipmaker’s Q2 revenue  CNBC Nvidia says two mystery customers accounted for 39% of Q2 revenue  TechCrunch More than 50% of Nvidia’s data center revenue comes from three customers — $21.9 billion in sales recorded from the unnamed companies  Tom’s Hardware Over …

Nearly 40% of Nvidia’s second quarter revenue came from just two customers, according to a filing with the Securities and Exchange Commission. On Wednesday, the chipmaker reported record revenue of $46.7 billion during the quarter that ended on July 27 — a 56% year-over-year increase largely driven by the AI data center boom. However, subsequent reporting highlighted how much of …

One international student after another told the University of Central Missouri this summer that they couldn’t get a visa, and many struggled to even land an interview for one. Even though demand was just as high as ever, half as many new international graduate students showed up for fall classes compared to last year. The decline represents a hit to …

Chinese e-commerce giant Alibaba (BABA) just reported its Q1 FY26 earnings results for the quarter ended June 30, 2025, showing a mixed performance. While revenue fell short of Wall Street estimates, stronger-than-expected profit and momentum in cloud and AI helped lift the stock roughly 4% in pre-market trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock …

Nvidia’s solid second-quarter earnings report showed how good it is to be the seller of the best pickax in the town with the big gold mine. All of the big AI players are racing to pour hundreds of billions of dollars into ever-larger data centers to out-gigawatt their competitors in the space. And those data centers are usually stacked to …

Marvell Technology Group Ltd. headquarters in Santa Clara, California, US, on Friday, Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology plunged 15% on Friday after the artificial intelligence chipmaker’s data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here’s how the company did in comparison with …

Cambricon, a China-based semiconductor firm, posted record profits in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in China has been tied up …

NVIDIA (NASDAQ: NVDA) posted another blockbuster quarter, with revenue climbing 56% year-over-year to $46.7 billion in fiscal Q2 2026, driven by surging demand for its Blackwell AI platform. Net income surged 59% to $26.4 billion, while earnings per share rose to $1.08, beating estimates. The company’s data center segment — the engine of its AI dominance — delivered $41.1 billion …