Nvidia reported better-than-expected Q1 results and provided optimistic guidance for the second quarter, with CEO Jensen Huang highlighting new product lines that could significantly expand the company’s revenue beyond its flagship AI chip business. Despite the positivity, the stock is down in Thursday afternoon trading.
Investing.com reports that Nvidia delivered impressive first-quarter financial results that exceeded Wall Street expectations, reporting revenue of $81.62 billion compared to analysts’ average estimate of $78.86 billion. The company’s data center segment, which has become its primary growth driver, generated $75.2 billion in…
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