Nvidia's AI Chips Drive Stock Surge

Nvidias stock surged in after-hours trading following impressive Q1 results, beating revenue and earnings estimates. The companys Data Center revenue, driven by AI chips, skyrocketed by 427% YoY, while Gaming revenue grew by 18%. Nvidias CEO, Jensen Huang, highlighted strong AI demand and expressed excitement for their next-generation AI chip, Blackwell. The companys stock has soared over 200% in the last year, making it one of the worlds most valuable companies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.