While hyperscalers remain the largest customers for NVIDIA's data center unit, other segments such as AI clouds, industrial, and enterprise customers grew at a faster rate quarter-over-quarter.

NVIDIA is transitioning its financial reporting to a new framework with two main segments: Data Center and Edge Computing.

NVIDIA forecasted revenue of $91 billion for the three months ending in July, exceeding the analyst average estimate of $87 billion.

Dina Bass of Bloomberg News observes that major NVIDIA customers like Google and Amazon are actively trying to expand the workloads they can run on their own custom chips.

NVIDIA has invested as much as $2.1 billion in the data center developer IREN.

NVIDIA stated that it made no shipments of its data center Hopper products to China in the most recently reported quarter.

Jay Goldberg of Seaport Research Partners has a sell rating on NVIDIA stock with a 12-month price target of $140.

NVIDIA invested up to $2.1 billion in the data center developer IREN.

While hyperscalers are still NVIDIA's biggest customers, sales to AI clouds, industrial, and enterprise customers grew at a faster rate quarter-over-quarter.

Jay Goldberg of Seaport Research Partners has a price target of $140 for NVIDIA stock.

NVIDIA's new 'Edge Computing' reporting segment will include sales for PCs, game consoles, and robotics.

NVIDIA provided a sales forecast of $91 billion for the three months ending in July.

NVIDIA is changing its financial reporting structure to two segments: 'Data Center' and 'Edge Computing'.

Google and Amazon are trying to expand the workloads they can put on their own custom chips and encourage their cloud customers to use them over NVIDIA GPUs.

Jay Goldberg of Seaport Research Partners is the only analyst tracked by Bloomberg with a sell rating on NVIDIA stock.

Analyst estimates for NVIDIA's revenue forecast averaged $87 billion, with some projections as high as $96 billion.