TREE NEWS update: NVIDIA reported record quarterly revenue of $96.2B, up 106% YoY, driven by data center demand, with Q3 guidance of $108B beating estimates. However, gross margin is set to decline from 75% to 74% in Q3 and 71-72% in Q4 due to rising memory costs, prompting investor focus on margin trajectory.
NVIDIA Q2 FY27: Revenue Doubles, Margins Under Pressure
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