Nvidia's stock rallies amidst a 600% profit increase, 10-for-1 stock split announced after an earnings beat. Find out more!
Nvidia, the AI giant, has once again exceeded all expectations with its latest earnings report. The stock price saw a remarkable rally following a staggering 600% profit surge, leaving Wall Street in awe. This exceptional performance further solidifies Nvidia's position as a dominant force in the tech industry. Additionally, the announcement of a 10-for-1 stock split reflects the company's confidence in its continued growth and success.
The first quarter fiscal results for 2025 showcased Nvidia's outstanding performance, with revenue hitting $26.0 billion, marking an 18% increase from the previous quarter and a remarkable 262% surge compared to a year ago. This financial achievement demonstrates Nvidia's consistent ability to outshine market expectations and drive significant growth.
Furthermore, Nvidia's quarterly earnings beat forecasts, causing a 4% surge in the stock price. The company not only surpassed analysts' expectations on both the top and bottom lines but also raised its outlook for the future. This positive outlook and strong financial performance position Nvidia as a promising investment opportunity in the ever-evolving tech landscape.
CEO Jensen Huang's announcement of a threefold sales increase in another blowout quarter further boosted Nvidia's share price above $1,000. The continuous success of the AI chip giant reaffirms its leading position in driving innovation and shaping the future of technology.
Nvidia again shattered Wall Street forecasts in its anxiously awaited earnings report Wednesday afternoon, sending shares of the chip designer and ...
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.
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its ...
Alongside its quarterly earnings report on Wednesday, Nvidia announced a 10-for-1 stock split in step with similar moves by other Big Tech names.
Nvidia Stock: AI Chip Giant Does It Again, Smashes Quarterly Targets And Raises Outlook ... Artificial intelligence technology leader Nvidia (NVDA) late Wednesday ...
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 CEO Jensen Huang announced another quarter of strong earnings after market close Wednesday, pushing the chipmaker's share price above $1,000 for the ...
Nvidia shares jumped more than 6% in extended hours trading Wednesday evening after the AI darling delivered another blowout quarterly earnings report and ...
Sales at the data centre segment, its largest by revenue, grew 427% to $22.6bln. Nvidia now sees Q2 revenue of $28Bln, plus or minus 2%, above analysts' ...
Nvidia boss Jensen Huang knows this is his moment, and he's capitalising on surging demand for his AI chips and his white-hot shares.
The split announcement, along with better-than-expected financial results, were just the latest in a long line of good news for Nvidia investors. Shares sprung ...
The chipmaker's stock closed at an all-time high Tuesday, a day ahead of its highly anticipated first quarter earnings report.
AI chip leader Nvidia topped even Wall Street's elevated "whisper numbers" with its fiscal Q1 results and guidance. Nvidia stock rose.
Semiconductor firm Nvidia NVDA announced a 10-for-1 stock split along with its blowout first-quarter earnings results on Wednesday.
But once Nvidia shares fall to the low $100-ish range after the split takes effect June 7, the stock could make sense as a new Dow component. It would seem to ...
Nvidia announced a 10-for-1 forward stock split along with its blockbuster earnings report Wednesday. Stock splits increase the number of shares on the ...
Shares of Nvidia surged over 9% on Thursday, building on a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven ...
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its ...
Nvidia's plan to split its stock after the stunning rise in the chipmaker's share price could lure more interest from retail investors while potentially ...
Alongside another blockbuster earnings report, Nvidia said it planned to split its stock. Here's a look at what that means: Why is Nvidia splitting its ...
Nvidia's stock price has more than doubled this year, increasing the company's market value by more than $1.3 trillion.