Nvidia Smashes Wall Street Forecasts, Sends Shares Soaring toward Record High
Santa Clara, California – Nvidia delivered yet another set of impressive financial results, surpassing Wall Street expectations with its latest earnings report. The chip designer and artificial intelligence leader saw its stock surge towards a record high following the announcement. In the three-month period ending April 30, Nvidia reported earnings per share of $6.12 and sales of $26 billion, exceeding analysts’ forecasts of $5.60 and $24.59 billion, respectively. The company’s profits and revenues experienced staggering …