Nvidia CEO Jensen Huang dismissed fears over a pause in orders for its AI chips and the threat from competition.
The best performer of ‘Magnificent Seven,' and one of the best in the S&P 500, Nvidia (NASDAQ: NVDA) posted its highly anticipated earnings on May 22, managing to beat analysts' targets in what was deemed one of the most anticipated quarterly earnings in the history of the stock market.
The best performer of ‘Magnificent Seven,' and one of the best in the S&P 500, Nvidia (NASDAQ: NVDA) posted its highly anticipated earnings on May 22, managing to beat analysts' targets in what was deemed one of the most anticipated quarterly earnings in the history of the stock market.
The expectations were high, but the company delivered yet again.
Nvidia's standout first-quarter results puts the chipmaker at the forefront of the artificial intelligence revolution on pace to have the same market value as all listed German companies put together.
Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom.
Nvidia announced it is shipping its new Blackwell AI chip next quarter amid high demand. CEO Jensen Huang highlighted the strong interest in both Blackwell and current Hopper chips.
Nvidia Corp shares rose more than 6% in after-hours trades after Wall Street's darling stock of the artificial intelligence revolutions smashed forecasts yet again. “The next industrial revolution has begun,” declared chief executive Jensen Huang, as his company delivered a 262% year-on-year revenue increase to $26 billion, safely beating prior estimates of $24.6 billion.
Nvidia Corp shares rose more than 6% in after-hours trades after Wall Street's darling stock of the artificial intelligence revolutions smashed forecasts yet again. “The next industrial revolution has begun,” declared chief executive Jensen Huang, as his company delivered a 262% year-on-year revenue increase to $26 billion, safely beating prior estimates of $24.6 billion.
Shares in artificial intelligence (AI) darling Nvidia (NVDA) jumped more than 6% in extended trading Wednesday after the company released another blowout quarterly earnings report and unveiled a 10-for-1 stock split. With the stock moving above the closely watched psychological $1,000 level, here's where the chart says the stock may be headed next.
The artificial intelligence (AI) gold rush is still going strong, judging by earnings reported Wednesday (May 22) by chipmaker Nvidia.
The artificial intelligence (AI) gold rush is still going strong, judging by earnings reported Wednesday (May 22) by chipmaker Nvidia.