Nvidia Earnings Live Update: Stock Rise on Sales, EPS Estimates Beat

AI For Business


Nvidia sends a message to Wall Street: Relax, the AI ​​train isn’t slowing down.

The world’s most valuable company by market capitalization reported fiscal fourth-quarter profits on Wednesday, handily beating Wall Street expectations.

Nvidia reported revenue of $68.13 billion for the quarter, compared to the expected $65.91 billion. 1株利益は1.62ドルで、コンセンサス予想の1.53ドルを上回った。 Nvidia reported revenue of $62.3 billion for its core data center division, beating expectations of $60.36 billion.

Ahead of the fourth-quarter conference call, analysts said they expected to hear comments from CEO Jensen Huang about demand for high-end AI chips and how the company is ramping up production of its Rubin platform. The results come at a sensitive time for AI trading, with analysts saying Hwang’s comments could be the catalyst to snap the market out of its rut.

エヌビディア株は時間外取引で約3%上昇した。 It closed 2% higher in Wednesday trading.





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