Nvidia delivers another quarter of stellar growth amid growing concern over AI economy :: WRAL.com
Nvidia delivers another quarter of stellar growth amid growing concern over AI economy :: WRAL.com
Publish Date: 2026-02-25 16:56:00
Source Domain: www.wral.com
- Nvidia reported exceptional quarterly growth for November-January, with a 73% increase year-over-year.
- The company’s profits nearly doubled to approximately $43 billion, or $1.76 per share.
- Analyst forecasts were exceeded, reinforcing Nvidia’s role as a cornerstone of AI technology.
- CEO Jensen Huang emphasized that the AI boom is still nascent and will lead to significant societal changes.
- Nvidia’s stock price increased by nearly 4% following the announcement.
