Nvida shares jumped more than 17 percent Wednesday, riding on the coattails of strong earnings.
The company reported earnings of 79 cents a share on $1.94 billion in revenue, beating consensus of 66 cents a share on $1.91 billion in revenue. More importantly, Nvidia’s revenue was up 48 percent from a year ago, while GAAP EPS was up 126 percent.
Nvidia also gave very strong guidance for the second quarter, calling for $1.95 billion in revenue plus or minus 2 percent.
