Nvidia’s Chipper Earnings Report
Expectations for chipmaker Nvidia were pretty high coming into its earnings report, as shares were up almost 200% since October. Despite all the hype, the stock still beat expectations and hit new all-time highs after hours. Let’s see why. 👇
Its first-quarter adjusted earnings per share were $1.09 vs. the $0.92 expected. Revenues of $7.19 billion also topped the consensus view. Helping drive the strength was record Data Center revenue of $4.28 billion. 💾