Nvidia Corp. is winning plenty of praise for its latest quarterly report, which in the words of Melius Research analyst Ben Reitzes “had no real negatives.”
For chip designer Nvidia , the generative artificial intelligence boom is the gift that keeps on giving.
The price of a single Nvidia share is about to plummet, making the AI stock far more affordable. The microchip giant's first-quarter earnings revealed plans for a 10-for-1 stock split in June.
NVIDIA NASDAQ: NVDA produced another beat-and-raise quarter that says one thing: as much hype as there is about the AI industry, the market grossly underestimated the impact and importance of NVIDIA semiconductors. The company's results are so above the consensus estimate they are mind-boggling without the fact that this is the 5th consecutive quarter for such results.
NVIDIA NASDAQ: NVDA produced another beat-and-raise quarter that says one thing: as much hype as there is about the AI industry, the market grossly underestimated the impact and importance of NVIDIA semiconductors. The company's results are so above the consensus estimate they are mind-boggling without the fact that this is the 5th consecutive quarter for such results.
Worries about a slowdown in sales ahead of a major chip upgrade look misplaced.
Yesterday, AI super-stock Nvidia reported its latest financial results. As the last of the behemoth companies to do so, it unofficially signaled that earnings season for Q1 of FY 2024 is winding down to a close.
Yesterday, AI super-stock Nvidia reported its latest financial results. As the last of the behemoth companies to do so, it unofficially signaled that earnings season for Q1 of FY 2024 is winding down to a close.
Chip stocks climbed in out-of-hours trading on Wednesday and Thursday after chipmaker Nvidia smashed Wall Street's expectations with its latest earnings report, continuing a period of extraordinary growth as booming interest in artificial intelligence propels the tech sector to new heights.
A look at the day ahead in U.S. and global markets from Mike Dolan
Artificial intelligence heavyweight Nvidia (NASDAQ: NVDA ) is about to announce its highly anticipated first-quarter fiscal year 2025 earnings after Wednesday's market close. Understandably, Wall Street is keeping a close eye on how NVDA stock moves after the announcement.
Did Nvidia meet investors' expectations?