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NVIDIA Posts 769% Annual Profit Growth In Q4- Shares Soar By 10%

NewsTech

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NVIDIA

Ahead of its crucial earnings release, widely expected to set the tone for the broader technology stock sector as well as artificial intelligence, investors were wary of NVIDIA Corporation, as reflected by small share price drops. However, the firm's earnings report for the fourth quarter has proven once again why it's rightly called the darling of AI. NVIDIA's latest earnings release saw the firm report $22 billion in revenue and $5.16 in diluted non GAAP earnings per share. Heading into the release, analysts were expecting the firm to post $20.6 billion in revenue and $4.64 in EPS, ensuring that the […]

Read full article at https://wccftech.com/nvidia-posts-769-annual-profit-growth-in-q4-shares-soar-by-10/

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