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Nvidia stock climbs as CFO says new chip to ship in 2024

Nvidia stock climbs as CFO says new chip to ship in 2024
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Nvidia Is Already Making Waves Outside of Semiconductors. Here's the Company's Latest Artificial Intelligence (AI) Milestone.

Nvidia is best known for its graphics processing units but has a billion-dollar business outside of semiconductors.

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Nvidia Surges After AI Sales Boom Shows No Signs of Letting Up

(Bloomberg) -- Nvidia Corp. surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most valuable chipmaker.Most Read from BloombergNvidia Surges After AI Boom Shows No Signs of Letting UpTech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapYour 401(k) Will Be Gone Within a DecadeBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Op

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Nvidia gives upbeat forecast as AI reaches 'tipping point'

The shares jumped 6 percent in extended trading following the announcement.

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Nvidia gives upbeat forecast as AI reaches 'tipping point' | News

Nvidia Corp. predicted another massive sales gain for the current quarter, helping justify a stock rally that has turned it into one of the world’s most valuable companies.

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Opinion: Nvidia's sheer dominance can be summed up by this one underrated number

One component of Nvidia’s financials — its gross profit margin — tells its own story right now

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Nvidia surges after AI boom shows no signs of letting up

Revenue in the current period will be about $24 billion, the company said in a statement Wednesday. Analysts had predicted $21.9 billion on average. Results in the fourth quarter also sailed past Wall Street estimates.

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Nvidia surges on $24 Billion sales forecast, AI "tipping point"

With a projected revenue of $24 billion for the current period, Nvidia solidified its position as the world's most valuable chipmaker.

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Nvidia is getting hotter than a 2018 GeForce RTX 2080 Ti

GPU company's results are on fire Nvidia says it's on fire with its AI chips and expects even more growth. Nvidia shares soared by about 10 pe...

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Nvidia rises most in about nine months as AI drives sales

Nvidia rises most in about nine months as AI drives sales
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