META - The Key Takeaways From The Nvidia Earnings Call

2024-05-23 15:10:57 ET

Summary

• Nvidia Corporation's earnings call exceeded expectations, leading to a 6% increase in stock price after hours.
• The company showcased its strong growth, with revenue of $26 billion, primarily driven by datacenter revenue.
• Nvidia's focus on integrated hardware/software platforms and leadership in innovation is crucial for its continued success.

The most anticipated earnings call of the season didn't disappoint, and NVIDIA Corporation ( NVDA ) was up 6% in the aftermarket. I wasn't just interested to see how the company was doing, but also because it appears many market participants view its performance as a key driver of sentiment....

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