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NVIDIA Earnings Wrap Up Strong Mag 7 Reporting Cycle
Zacks Investment Research·
NVIDIA capped off the Magnificent Seven earnings cycle with impressive Q2 results, posting 106% revenue growth to $96.2 billion and 120% EPS growth. Data Center revenue surged 117% year-over-year to $89.0 billion, driven by accelerating AI demand. Apple and Microsoft also delivered strong results, with Apple posting record June-quarter revenue of $109.4 billion (16% YoY growth) and Microsoft showing 18% sales growth with Azure's Intelligent Cloud revenue up 32% YoY, demonstrating the health of the AI investment boom.
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