US EditionNvidia reports a 262% jump in sales, signals continuing AI boom
- Nvidia will release their fiscal first-quarter earnings after the bell on Wednesday.
- Revenue has risen by over 200% in the last two quarters, with expectations of a 243% surge in the first quarter from the previous year.
- Nvidia's shares have tripled since reporting fiscal first-quarter earnings last year, following strong guidance for the second quarter.
52 Articles
52 Articles
Nvidia's stock market value is up $1 trillion in 2024. How it rose to AI prominence, by the numbers
Associated Press Nvidia’s stock price has jumped 92% this year as of Wednesday, increasing the company’s market value by more than $1 trillion. Those numbers are headed higher again Thursday after the company reported better-than-expected quarterly results. The chipmaker has seen soaring demand for its semiconductors, which are used to power artificial intelligence, or AI applications. The company’s revenue more than tripled in the latest quarte…
Associated Press News
The Billings GazetteNvidia's stock is expensive. A look at why, and how that should change, by the numbers
Nvidia’s stock price has more than doubled this year after more than tripling in 2023 and it’s now the third most valuable company in the S&P 500. The stock rose
Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence
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 Party Is Turning Into A Rager,' Says Analyst After Chipmaker's Q1 Beat That Sent Stock Soaring Past $1,000 In After-Hours Trading - NVIDIA (NASDAQ:NVDA)
Nvidia hasn't crumbled under the weight of elevated expectations and once again proved its AI-induced momentum will last longer.
Nvidia forecasts quarterly revenue above estimates, announces stock split
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast second-quarter revenue above estimates on Wednesday and announced a ten-for-one forward stock split, impressing investors who have already tripled the chipmaker’s market value in the past year on AI optimism. Shares of the Santa Clara, California-based company climbed 4% after the bell. The AI poster child’s stock has risen more than 90% so far this year. Demand for Nvidia’s chips …
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