Nvidia quarterly results show profits doubling as AI demand accelerates
Nvidia released its quarterly financial report after the market close, with investors focused on AI adoption. Adjusted EPS rose 120% to $2.22, and edge computing revenue climbed 27% year over year and 13% sequentially to $7.2 billion. Management forecast accelerating growth into Q3 and beyond, alongside an expanded AI infrastructure partnership with AWS, including plans to bring Vera CPUs to AWS.