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Nvidia Could Join the Trillion-Dollar Stock Club. How Much It Needs to Gain.

Por: MarketWatch Business May 26, 2023

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That’s not hyperbole. Nvidia reported a first-quarter profit of $1.09 a share, ahead of forecasts for 92 cents, while offering second-quarter revenue guidance of $11 billion, nearly $4 billion more than the $7.15 billion consensus. What’s more, the guidance boost doesn’t appear to be the result of a one-time surge in demand for chips with enough power to handle artificial intelligence. “Generative AI drove significant upside in demand... + full article



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