Nvidia's latest financial report blows minds with a 262% revenue surge and promises a 10-for-1 stock split. The AI giant's stock price skyrockets to new heights! ๐ฅ๐ฐ
NVIDIA, the tech powerhouse, has left investors and analysts awestruck with its first-quarter fiscal 2025 results. Recording a whopping $26.0 billion in revenue, a staggering 262% increase from the previous year, and an 18% rise from the previous quarter, Nvidia's performance has been nothing short of stellar. The semiconductor giant's roaring success can be attributed to the soaring demand for AI chips in the market. This boom in AI technology has propelled Nvidia to announce a jaw-dropping 10-for-1 stock split, sending shockwaves through the industry.
Nvidia's dominance in the semiconductor arena continues as its revenue skyrockets on the back of surging AI chip demand. The company's quarterly earnings not only surpassed high expectations but also triggered a stock rally, pointing towards a bright future for the tech giant. With Wall Street forecasts shattered, Nvidia stands tall as the go-to choice for investors seeking growth and innovation in the ever-evolving tech landscape.
The Silicon Valley giant's groundbreaking performance has pushed its stock price past the $1000 mark for the first time, fueled by the immense sales surge driven by AI technologies. As Nvidia reports soaring revenue and profits, the industry watches in awe at the company's remarkable achievements and resilience amidst fierce competition and escalating expectations. The remarkable success of Nvidia underscores the transformative power of AI and solidifies the company's position as a key player in the tech revolution.
Nvidia's exponential growth and profitability highlight the increasing importance of AI as the 'new commodity' in the tech world. As the company more than triples its revenue, powered by the AI boom, Nvidia cements its status as a pioneer in artificial intelligence technologies. With demand for AI chips skyrocketing, Nvidia's journey towards innovation and expansion remains unstoppable, setting the stage for continued success and groundbreaking developments in the semiconductor industry.
NVIDIA today reported revenue for the first quarter ended April 28, 2024, of $26.0 billion, up 18% from the previous quarter and up 262% from a year ago.
Semiconductor maker also announces a 10-for-1 stock split after quarterly results beat high expectations.
Nvidia again shattered Wall Street forecasts in its anxiously awaited earnings report Wednesday afternoon, sending shares of the chip designer and ...
Nvidia is set to report first-quarter earnings after markets close Wednesday, with analysts and traders anticipating moves in the chipmaker's stock price ...
Nvidia reported fiscal first-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose in extended trading over the ...
The Silicon Valley company was again lifted by sales of its artificial intelligence chips, but it faces growing competition and heightened expectations.
SAN FRANCISCO, May 23 โ Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial ...
PALO ALTO, California -- U.S. chipmaker Nvidia reported another blockbuster earnings quarter on Wednesday, announcing a 10-for-1 forward stock split a.