NVIDIA Stock Gains. Why This Analyst Now Sees It
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NVIDIA, NVDA
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Nvidia reported strong results despite a multibillion-dollar hit tied to U.S. regulations on sales of its AI chip to China.
A CRN analysis found that Nvidia finished the first quarter with more than double the revenue of what Intel and AMD earned combined for roughly similar periods, but the latter two companies ended up having substantially different quarters.
Nvidia officials have scheduled a 5 p.m. EDT first-quarter earnings report that many expect to reflect the Trump administration's restrictions on trade with China.
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Nvidia reclaimed its post as the world’s most valuable company after the AI chip king delivered a “great” earnings report despite a “hurdle” from export restrictions to China.
Nvidia reported over $44 billion in revenue in its first quarter earnings call but had charges tied to exporting restrictions placed on its H20 chip.
Nvidia reported strong Q1 earnings with rising revenue and net income, but faces challenges from U.S. export restrictions on AI chips to China, that will impact future sales.
Nvidia reported solid fiscal first-quarter earnings late Wednesday but provided a revenue forecast for the July quarter that was below expectations. Here's what we learned from the highly-anticipated report: Solid earnings.
Nvidia’s earnings have become some of the most closely watched numbers on Wall Street. The company makes up about 6.5% of the Nasdaq 100 and 5.5% of the S&P 500, so a good quarter can send the Nasdaq index soaring. A marginal or poor one can send it tumbling.
Nvidia reclaims top spot as the most valuable publicly traded company with a $3.45 trillion market cap, surpassing Microsoft.