Reported 11 months ago
Shares of Nvidia (NVDA) have surged by 26% since the last earnings report, outperforming the S&P 500. The company reported first-quarter earnings exceeding estimates, with a 19% sequential increase in earnings per share and a 262% year-over-year rise in revenues. Nvidia's success is attributed to its strong and innovative GPU portfolio, alongside collaborations with major partners like TSMC, Synopsys, AWS, and Alphabet, leading to significant growth in segments like Graphics, Compute & Networking, Data Center, and Gaming.
Source: YAHOO