The regular session ATH is $974.00 set after the last earnings report.
The stock is changing hands at $1,001.10 up $51.60 (+5.43%) After hours: 5:23PM EDT
From Yahoo Finance, May 22:
Nvidia stock pops 4% after earnings beat forecasts, announces stock split and dividend hike
Nvidia (NVDA) reported first quarter earnings after the bell on Wednesday that topped expectations while also announcing a 10-for-1 stock split and an increased dividend, following some of its Big Tech peers in doling out heftier quarterly payments to shareholders.
The company reported adjusted earnings per share (EPS) of $6.12 on revenue of $26 billion, a jump of 461% and 262%, respectively, from a year ago.
Analysts were expecting adjusted EPS of $5.65 on revenue of $24.69 billion, according to data from Bloomberg. The company reported adjusted EPS of $1.09 on revenue of $7.19 billion in the same quarter last year.
In the current quarter, Nvidia expects revenue of $28 billion plus or minus 2%. That’s better than the $26.6 billion analysts had expected.
Nvidia stock rose as much as 4% in extended trading on Wednesday.
“Our data center growth was fueled by strong and accelerating demand for generative AI training and inference on the Hopper platform," Nvidia CEO Jensen Huang said in a statement. "Beyond cloud service providers, generative AI has expanded to consumer internet companies, and enterprise, sovereign AI, automotive and healthcare customers, creating multiple multibillion-dollar vertical markets."....
....MUCH MORE
Bloomberg's headline is a bit more enthusiastic (via MSN):Nvidia Forecast Shatters Estimates as AI Boom Stays Strong
Here's the press release at the company:
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-first-quarter-fiscal-2025
