Nvidia beats, guides higher, and Wall Street still wants more

Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares slipped roughly 2% following its fiscal first-quarter earnings, but four Wall Street analysts weren't fazed, raising price targets across the board after the chipmaker posted record revenue and issued guidance that topped already elevated expectations. The company reported fiscal first-quarter revenue of $81.6 billion, beating Wall Street estimates by approximately $3 billion, while data center revenue of $75 billion came in around $2 billion ahead of expectations.
Open original source