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NVIDIA's Q2 earnings exceeded expectations but gross margin contracted quarter-over-quarter despite record revenues.

Margin compression reflects pricing pressure or increased manufacturing costs, affecting datacenter operators' per-FLOP hardware costs and ROI calculations.
Trade pressSlicast · August 28, 2024 22:00 · Global · Source: benzinga.com
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Image / Slicast · Source: benzinga.com

NVIDIA's Q2 earnings exceeded expectations but gross margin contracted quarter-over-quarter despite record revenues.

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NVIDIA's Q2 earnings exceeded expectations but gross margin contracted quarter-over-quarter despite record revenues. · Slicast