Nvidia's AI Chip Surge Drives Stock Jump
Update: 2025-11-20
Description
Nvidias shares surged by over seven percent in after-hours trading following a robust fiscal first-quarter earnings report. The companys revenue hit twenty-six point zero four billion dollars, beating analysts predictions, and their adjusted earnings per share came in at six dollars and twelve cents. Nvidias data center revenue, including AI chips, soared by four hundred twenty-seven percent year over year. The company announced full production of its next-generation AI chip, Blackwell, set to ship in the third quarter, which is expected to be a major growth driver.
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