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Nvidia Q2 revenue tops $96.2 billion as net income surges

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Nvidia reported net income of $59.69 billion, or $2.46 per share, for May–July, up from $26.42 billion a year earlier. Revenue more than doubled to $96.22 billion and beat forecasts. Operating expenses rose 55% to $8.41 billion. For the current quarter, Nvidia projects revenue near $108 billion, above analyst estimates.

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