Dear Nvidia Stock Fans, Mark Your Calendars for February 26
From Barchart: 2025-02-09 08:00:02
Nvidia reported a record-breaking revenue of $6.51 billion in the third quarter, exceeding expectations by 8%. The company’s data center sales surged by 55% to $2.9 billion, while gaming revenue reached $3.24 billion, a 42% increase. Nvidia’s stock rose by 9% after the earnings report, and the company announced a 4-for-1 stock split. This marks the fourth consecutive quarter of surpassing revenue estimates, driven by strong demand for AI, gaming, and data center products. Nvidia’s CEO Jensen Huang stated that the company is well-positioned for future growth and innovation in the technology industry.
Read more at Barchart: Dear Nvidia Stock Fans, Mark Your Calendars for February 26