Nvidia reports record revenue, announces stock split and dividend increase.

From MarketWatch: 2024-05-31 19:39:46

Nvidia had a stellar quarter with revenue of $26 billion, up 262% from the previous year. The data center business drove much of this growth, with $22.6 billion in revenue. The company also announced a ten-for-one stock split and an increase in dividends. In other news, the Consumer Financial Protection Bureau is providing protections for buy-now-pay-later services like Klarna and Affirm, similar to credit cards. This move signals a maturing industry.



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