Market Movers rounded up the best reactions on Nvidia from investors and analysts. The experts, including Jim Cramer , discussed the chipmaker after its second-quarter financial report topped analyst estimates on both the top and bottom lines, including revenue that surpassed expectations by more than $2 billion.
Surging demand for AI-capable chips helped Nvidia deliver another round of strong guidance with an expected $16 billion in revenue for the third quarter, up 170% from the same time last year. Nvidia shares had hit a record-high after market open Thursday, but finished the day nearly unchanged from Wednesday's close. The stock is up more than 220% this year and is currently held in Cramer's Charitable Trust portfolio.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nbcchicago - 🏆 545. / 51 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »