Nvidia reports first-quarter earnings after the bell
Publishing timestamp: 2024-05-22 12:00:01
Summary
Nvidia is expected to report revenue growth of over 200% for the third straight quarter, with net income expected to increase more than fivefold from the previous year. The company's current generation of AI GPUs are in high demand, but questions remain about the sustainability of its growth as customers need to start showing profit from their investments. Analysts expect a possible lull in sales as Nvidia starts shipping its next-generation AI GPUs.
Sentiment: POSITIVE
Keywords: earnings, breaking news: technology, apple inc, business, business news, nvidia corp, technology, mobile,
Source: https://www.cnbc.com/2024/05/22/nvidia-nvda-earnings-report-q1-2025-.html