May 2024

Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike

May 23, 2024May 23, 2024nexteva0

Nvidia (NVDA) stock surged as much as 9% on Thursday, trading north of $1,000 in early trade and giving the chip giant a market cap above $2.5 trillion after its first quarter earnings once again blew away forecasts. Nvidia’s first quarter results, released after the bell on Wednesday, showed adjusted earnings per share (EPS) tallied $6.12 on […]

‘Demand is just so strong’: Nvidia CEO Jensen Huang tells Yahoo Finance supply can’t keep up

May 23, 2024May 23, 2024nexteva1

Nvidia (NVDA) CEO Jensen Huang doesn’t lack demand. What he lacks is supply. In an exclusive interview with Yahoo Finance following the company’s first quarter earnings report Wednesday, Huang pushed back against concerns the company could face a demand lull as it shifts between its current and next generation of AI chips. “People want to deploy […]