Nvidia Has Bad News For AMD And Intel: Find Out Here
Nvidia’s Q2 quarterly earnings results were nothing short of stelar. The world’s most valuable company reported $96.22 billion in revenue, much higher than the estimated $92.17 billion. Moreover, revenue has more than doubled from last year’s $46.7 billion figure. Meanwhile, earnings per share came in at $2.22 adjusted, compared to the expected $2.10. While these numbers are impressive, there was more in Nvidia’s earnings call, that could potentially bring bad news for rivals AMD (Advanced Micron Devices, Inc.) and Intel. Let’s discuss.
Nvidia Bringing The Competition To AMD And Intel
Nvidia’s (NVDA) market dominance began after the coming of generative AI that works on GPU (Graphics Processing Unit) power. AMD and Intel lagged behind in the GPU development race. Even the world’s riches person Elon Musk endorsed Nvidia on a SpaceX earnings call in Early August 2026. Musk stated that SpaceX would build exclusively on Nvidia chips, calling them the best hardware in the market currently.
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