Nvidia Reports Record-Breaking Sales and Profit, Stock Price Surpasses $1000
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#3f451091 ver:0.14
Nvidia reports record-breaking sales and profit, with revenue reaching $26 billion, up 18% from last quarter and 262% YoY. The company's stock price surpasses $1000, reflecting its dominant position in the AI chip market. Nvidia's success sparks enthusiasm in the crypto industry. Despite challenges from competitors, Nvidia's stock rises 6% in after-hours trading. The company announces a stock split and increased dividend. Nvidia set to release Blackwell AI chip next quarter, generating high demand. Startups in the AI industry struggle, prompting the need for smaller, more efficient models. #Nvidia #AI #stocks #BlackwellAI #chipmakers...
#newstr #Nvidia #Q12024Earnings #RecordRevenue #DataCenterRevenues #Ai #JensenHuang #StockPrice
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