Nvidia's stock price is up more than 140% since the beginning of this year—here's what gives the company an edge

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 4 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Demand for AI products has pushed Nvidia into the trillion-dollar market cap club. Here’s why.

Nvidia's stock price is up more than 140% since the beginning of this year—here's what gives the company an edgeafter the stock market's close on Wednesday, beating analysts' expectations, according to LSEG estimates. Nvidia reported $30.04 billion in revenue for its fiscal second quarter, a 122% surge compared with the same period last year.

Nvidia used to primarily focus on producing chips for 3D gaming.

 

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

 /  🏆 270. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Nvidia stock slips even after earnings top estimates and demand for AI chips surgesNvidia reported a quarterly profit that exceeded Wall Street estimates, but investors seemed less than impressed.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »

Nvidia stock slips even after earnings top Wall Street estimates, demand for AI chips surgesNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
Herkunft: KTVU - 🏆 465. / 53 Weiterlesen »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgesNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
Herkunft: denverpost - 🏆 13. / 72 Weiterlesen »

Nvidia stock slips despite 2Q earnings topping Wall Street estimates, high AI chip demandNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia's place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
Herkunft: KPIXtv - 🏆 443. / 53 Weiterlesen »

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surgeNvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to tra…
Herkunft: denverpost - 🏆 13. / 72 Weiterlesen »