Nvidia tops estimates and guides to $108 billion revenue next quarter

Nvidia's fiscal second-quarter results exceeded Wall Street analysts' expectations. Nvidia reported total quarterly revenue of $96.2 billion. The consensus forecast was $92.27 billion. Nvidia reported data center revenue of $89 billion. The estimate was $85.4 billion. Nvidia reported earnings per share of $2.22. The estimate was $2.09. Nvidia guided to third-quarter revenue of $108 billion. Street forecasts called for $103.9 billion. Nine S&P 500 companies have previously reported quarterly revenue of at least $100 billion. Nvidia shares were modestly lower in after-hours trading. Bitcoin remained in a tight range just above $78,000.