Nvidia Stock Soars 25% As AI-Powered Guidance Tops Estimates
Nvidia Stock Soars 25% As AI-Powered Guidance Tops Estimates
In the first quarter, the tech giant's data center
platform generated record revenue, driven by "increasing demand" for its products that enable
platform generated record revenue, driven by "increasing demand" for its products that enable
generative AI capabilities.
Shares of Nvidia (NVDA -0.49%)
soared 24.7% in after-hours trading on Wednesday
after the graphics chip specialist released its
fiscal 2024 first-quarter report.
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