Nvidia shares climbed 12% before the bell on Thursday as booming demand for its AI chips helped the company forecast quarterly revenue much above Wall Street's lofty expectations, lifting AI and tech
NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) shares soared 9% in aftermarket trading after its fourth-quarter earnings once again smashed analysts' expectations. Other chip makers also experienced a lift from
Nvidia chips are used to train the huge AI models such as those developed by Microsoft and Meta.
The bar was high for Nvidia's earnings and yet the company cleared it easily. That has Wall Street analysts re-evaluating how far the chip maker can go.
Gene Munster, managing partner at Deepwater Asset Management, says Nvidia has "a critical competitive moat that allows them to maintain its 60+% market share."
Japan's stock market reached a historic milestone as the Nikkei 225 index soared to a new all-time closing high, breaking a record that stood for 34 years. On Thursday, the index surged by 2.2% to clo
Nvidia is experiencing high demand for its AI chips. CEO Jensen Huang assured analysts that the company is distributing chips "fairly.
In a testament to the growing dominance of artificial intelligence (AI), NVIDIA Corp (NASDAQ:NVDA), the world's most valuable chip maker, has declared that AI has reached a “tipping point.” This d
No single stock has embodied the U.S. market's artificial intelligence fervor as much as Nvidia Corp , leaving Wall Street tied to the fluctuations of its volatile shares.
Josh Koren, founder of Musketeer Capital Partners, discusses expectations around Nvidia's results, and explains why its valuation is so high.

Nvidia's AI Party Is Far From Over

11:00pm, Wednesday, 21'st Feb 2024
A strong outlook and blowout earnings should soothe investors nervous after a big run.
Fiscal Q4 2024 revenue surged 265% year over year, surpassing Wall Street's expectation of 241% growth. The quarter's adjusted EPS soared 486%, sprinting by the 426% growth that analysts had projected
Shares in Nvidia (NVDA) jumped more than 9% in Wednesday's extended-hours trading session after the graphics processor maker delivered a quarterly earnings report that blew past Wall Street estimates
Sometimes, a narrative dominates the financial/social media and promotes a mania among investors. Today, the Magnificent Seven is a great example.
Following Nvidia's earnings report, share prices of rivals Advanced Micro Devices and SoftBank-backed U.K. chip designer Arm Holdings also made gains.
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