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Earnings Whisper ®
2nd Quarter July 2023
Revenue: $10.89 Bil
4:20 PM ET
Wednesday, May 24, 2023
NVIDIA Announces Financial Results for First Quarter Fiscal 2024
What do you expect when NVDA reports earnings?
Where is NVDA's stock price going from here?
NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.
Advanced Micro Devices