Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips
Publishing timestamp: 2024-05-23 12:22:58
Summary
Nvidia shares surged to record high after beating earnings and revenue estimates for fiscal first quarter, announcing a 10-for-1 stock split, and showing strong demand for its artificial intelligence chips. Wall Street analysts have become more bullish on the company.
Sentiment: POSITIVE
Tickers: NVDA,
Keywords: semiconductor device manufacturing, earnings, nvidia corp, technology, markets, breaking news: technology, breaking news: markets, business news,
Source: https://www.cnbc.com/2024/05/23/nvidia-stock-pops-10percent-to-record-high.html