Watch These Nvidia Price Levels as Stock Seesaws After Earnings Report
- Nvidia reported a 78% surge in fourth-quarter revenue to $39.33 billion, supported by strong demand for its Blackwell chips, which accounted for nearly 30% of net sales during the period.
- After fluctuating in extended trading, shares fell 1.5% to $129.32, with support levels noted around $130 and $113, indicating possible future corrections.
- CFO Colette Kress indicated that Nvidia anticipates significantly increasing Blackwell chip sales in the first quarter.
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12 Articles
Nvidia earnings: What investors should know about recent revenue, profits
Jaque Silva/NurPhoto via Getty ImagesNvidia releases earnings quarterly.On calls with investors, CEO Jensen Huang answers questions about the underlying trends impacting AI.The company's latest earnings call was dominated by its next-gen Blackwell GPU and profit margins.Nvidia, the company behind the GPUs that enable AI chatbots like ChatGPT and Grok, releases its earnings quarterly.Typically, Nvidia CFO Colette Kress walks investors through the…
Watch These Nvidia Price Levels as Stock Seesaws After Earnings Report
Nvidia shares moved between gains and losses in extended trading on Wednesday after the AI investor favorite posted better-than-expected results and issued a strong outlook amid booming demand for its advanced AI chips. Watch these key post-earnings chart levels.
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