NVDA stock is moving higher by 7% despite the broader stock market coming under pressure amidst soaring tension about a global recession. The stock market sentiments received a boost as NVIDIA Corporation (NASDAQ:NVDA) reported impressive second-quarter earnings, signaling growth in its core business.
Q2 Earnings BeatNVDA sales and profits topped estimates, which could indicate that Nvidia is attracting many orders on its graphics chips as well as parts used in data centers. For the three months ended July 28, 2019, the giant chip-maker says it generated sales amounting to $2.58 billion. Analysts were expecting revenues ...
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