Nvidia Surges on Strong Earnings, AI Chip Demand
Update: 2025-11-20
Description
Nvidias fiscal first-quarter earnings report exceeded expectations, with a 26.04 billion dollar revenue and 6.12 dollars adjusted earnings per share, surging shares by over seven percent. Despite AI bubble concerns, Nvidia projects a robust 28 billion dollar revenue for the next quarter, driven by their next-generation Blackwell AI chip and a 427% year-over-year increase in data center revenue.
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