Nvidia Says Revenue Rose 106% in July Quarter, But Customers Were Slower to Make Payments

Nvidia reported a 106% increase in revenue for the quarter ending in July, reaching $96.2 billion, which was 21 percentage points higher than the growth in the previous quarter. However, the company noted that customers were slower in making payments during the period. Nvidia also projected a slowdown in growth to 89.5% for the current fiscal quarter, but investors remain optimistic given the company's strong performance.

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