NVIDIA reported record results. Revenue from May to July was $96.221 billion, approximately 2.1 times the year-earlier level. The prevailing view is that the impact on the Japanese market will depend on developments in the US market.
NVIDIA, the world's largest company by market capitalization, reported record results, with revenue from May to July reaching $96.221 billion (approximately ¥15.32 trillion). Revenue for the three-month period was the highest ever, representing growth of approximately 2.1 times compared with the same period a year earlier.
The company's CEO, Jensen Huang, said AI infrastructure is being built at full speed, explaining that rising demand related to AI is driving semiconductor demand worldwide.
As for the impact on the Japanese economy, semiconductor-related stocks in Japan are driving the Nikkei average, but the Japanese market remained in a wait-and-see mode on the day following the earnings announcement. The prevailing view is that market direction could change depending on how the US market opens.