Nvidia Reports $96.2B Quarter, Micron Plans $250B Investment

Nvidia reported a record quarterly revenue of $96.2 billion, marking a 106% increase from the previous year. The company's data center business generated $89 billion, up 117% year-over-year. Additionally, Micron announced a planned $10 billion investment in research labs over the next decade, contributing to over $250 billion invested in manufacturing and R&D in the U.S. Investors have seen significant returns, with Nvidia's stock up over 850% and Micron's nearly 1,200% over the past five years. These developments suggest potential growth opportunities for investors in tech and AI sectors.