Nvidia shares up 14% on earnings and bullish outlook on A.I.
Publishing timestamp: 2023-02-23 16:00:24
Summary
Nvidia shares rose sharply after the company reported a top- and bottom-line beat that prompted a flood of bullish calls from analysts. Analysts are optimistic about the growth of Nvidia's AI sales and "disciplined expense management". Over a dozen analysts have hiked their target prices or held positive ratings on the stock. CEO Jensen Huang had earlier called the potential of AI an "iPhone moment".
Sentiment: POSITIVE
Keywords: business, technology, business news, intel corp, chris case, nvidia corp, breaking news,
Source: https://www.cnbc.com/2023/02/23/nvidia-stock-up-12percent-on-earnings-ai-potential.html