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849 Nvidia’s Value Soars: What’s Behind the Surge?

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HackerNoon @ 150sec 2 place · 06/04/2024 16:53 EDT

Nvidia’s Value Soars: What’s Behind the Surge?

Nvidia has caught lightning in a bottle, and boy, is it making the company filthy rich. Investors eagerly awaiting the company’s quarterly results were not disappointed after Nvidia said its sales had more than doubled and its profit was up sevenfold, propelling its valuation to record highs. Nvidia generated $26.04 billion in Q1 revenue, up 262% year over year, ...

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