
Nvidia reported $2.9 billion in data center sales, up 55% from $1.9 billion in the same quarter last year.
The company has made significant gains in data centers, where cloud providers and big enterprises are turning to the kind of graphics processors made by Nvidia for artificial intelligence applications. The company has had more demand than it can fill, especially for its hard-to-find GeForce graphics cards that are popular with gamers. Nvidia stock has been on a big run, with shares up more than 124% year to date. Nvidia said it expects to report around $7.4 billion in the current quarter, ending in January, higher than analyst expectations of $6.86 billion.
Revenue: $7.10 billion versus $6.82 billion expected, up 50% year over year. Earnings: $1.17, adjusted, versus $1.11 expected, up 60% year over year. Jersey Standard grew alongside and with extensive partnership another Standard Oil descendant and its future merger partner, the Standard Oil Company of New York, both of which grew bigger by merging with various third companies like Humble Oil and Vacuum Oil.Here's how it did versus Refinitiv consensus expectations for the quarter ending Oct. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey, the corporate entity which effectively controlled all of Standard Oil prior to its breakup. ExxonMobil is incorporated in New Jersey.ĮxxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The vertically-integrated company also has a chemical division, ExxonMobil Chemical, which produces plastic, synthetic rubber, and other chemical products. Both of its predecessors are used as brands for fueling stations and downstream products today, alongside Esso.
Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil.
It is the largest direct descendant of John D. ExxonMobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas.