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NVDA
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Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading.
The stock, which is up 35% this year after almost tripling in 2024, slipped in extended trading as data center revenue came up short of estimates for the second straight period.
Here's how the company did, compared with estimates from analysts polled by LSEG:
Earnings per share : $1.05 adjusted vs. $1.01 estimated
Revenue : $46.74 billion vs. $46.06 billion estimated
Nvidia said it expects revenue this quarter to be $54 billion, plus or minus 2%, though that number doe