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NVIDIA Shares Soar Past $1,000 As CFO Focuses On A.I. Revenue Generation In Q1 Call

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NVIDIA's highly anticipated earnings report for the first quarter of 2024 not only allowed the firm to maintain its triple digit revenue growth but also caused its share price to cross the coveted $1,000 mark in after market trading today. NVIDIA reported $26 billion in revenue during this year's first quarter, and its earnings report saw Q1 earnings per share and revenue guidance for Q2 surpass analyst estimates. Immediately after the release, NVIDIA's shares soared but then dithered as investors digested the results. The after market unease was resolved as the earnings conference call started, and soon afterward, the shares […]

Read full article at https://wccftech.com/nvidia-shares-soar-past-1000-as-cfo-focuses-on-a-i-revenue-generation-in-q1-call/

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