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Nvidia Surpasses Wall Street Forecasts Amid Soaring Demand for AI Applications

  • Nvidia's quarterly revenue of $35.1 billion nearly doubled from the same period last year.
  • The company's data center business revenue rose 112% to $30.8 billion.
  • Nvidia's market value reached $3.579 trillion, making it the largest player in the S&P 500.
  • Investors are watching Nvidia's performance as it releases its next-generation AI chip, Blackwell.

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