Nvidia Q1 earnings push NVDA stock to new all-time high

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 72%

Semiconductors Nachrichten

Technical Analysis,Newstrading

Nvidia (NVDA) earnings were a smash hit once again when they arrived after Wednesday's market close.

Nvidia earnings bests Wall Street consensus on top and bottom lines. Revenue rises 262% from a year ago due to revenue from data center products.

stock rises near$998 per share, above $974 former all-time high. Dividend raised by 150% to one penny per share onpost 10-for-1 split basis. Nvidia earnings were a smash hit once again when they arrived after Wednesday's market close. Shares blasted past the former $974 all-time high to reach just under $1,000 per share, up more than 4% afterhours. Nvidia earned $6.12 in adjusted earnings per share on revenue of $26.04 billion. Both figures were far above the Wall Street consensus.

15-minute stock chart Nvidia FAQs What is Nvidia known for? Nvidia is the leading fabless designer of graphics processing units or GPUs. These sophisticated devices allow computers to better process graphics for display interfaces by accelerating computer memory and RAM. This is especially true in the world of video games, where Nvidia graphics cards became a mainstay of the industry.

. Nvidia became a leading designer of chips to the data center, PC, automotive and mobile markets through its close relationship with Taiwan Semiconductor. What is Nvidia’s relationship to artificial intelligence? In 2022, Nvidia released its ninth-generation data center GPU called the H100. This GPU is specifically designed with the needs of artificial intelligence applications in mind.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 14. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia Stock Earnings Preview: NVDA advances ahead of Wednesday’s Q1 resultsNvidia will release fiscal Q1 earnings after the close on Wednesday.
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »

Options market sees 12% move in Nvidia after this 'unusually important' earnings report, says GoldmanGoldman Sachs sees an options trade opportunity around Nvidia's earnings report on Wednesday.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stock futures are little changed after S&P 500 closes at a record, Nvidia earnings loom: Live updatesTraders are eagerly anticipating Nvidia’s latest quarterly earnings, due out Wednesday afternoon.
Herkunft: NBCPhiladelphia - 🏆 569. / 51 Weiterlesen »

NVDA earnings preview: More of the same?NVDA earnings preview: More of the same?
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »