Nvidia, a graphics and artificial intelligence company, announced a 10-for-one stock split as part of its first-quarter earnings release. The company experienced a significant increase in revenue, with a more than 260% increase compared to the first quarter of the previous year. Data center revenue also saw a substantial increase of 427% to $22.6 billion, … Read more
Nvidia reported strong first-quarter results, with adjusted earnings of $6.12 per share on revenue of $26.04 billion, surpassing analyst expectations. The company experienced a 427% rise in data center revenue, driven by demand for AI-driven applications. Nvidia also provided optimistic guidance for the current quarter, expecting revenue of $28 billion, above estimates of $26.54 billion. … Read more
Nvidia, a leading company in the field of artificial intelligence, reported strong first quarter results that surpassed expectations. The company’s revenue hit a record high due to increased demand for its AI accelerators, with data center revenues reaching new heights. Nvidia also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend. … Read more
Nvidia, a chipmaker based in Santa Clara, California, exceeded second-quarter revenue expectations and announced a ten-for-one forward stock split, leading to a 4% increase in its stock price to nearly $974. The company’s value has already tripled in the past year, with shares rising more than 90% in 2024. The demand for Nvidia’s chips has … Read more
NVIDIA reported stronger-than-expected first-quarter earnings, along with a 10-for-1 stock split and a higher dividend, following the trend of other Big Tech companies. The company reported adjusted earnings per share of $6.12 on revenue of $26 billion, up significantly from the previous year. Analysts had expected lower earnings of $5.65 per share on revenue of … Read more
NVIDIA is set to announce its first-quarter earnings tomorrow, with the company’s stock price surpassing the $1,000 mark that it has been hovering around for the past two months. Wall Street analysts are predicting that NVIDIA will report earnings of $24.59 billion for the quarter, which translates to $5.58 earnings per share. This is an … Read more