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NVIDIA reports record revenue: 10-for-1 split drives stock to new high
On May 22, $NVIDIA (NVDA.US)$ announced its Q1 FY2025 earnings, which significantly surpassed expectations and achieved record-high revenue. Show More
On May 22, $NVIDIA (NVDA.US)$ announced its Q1 FY2025 earnings, which significantly surpassed expectations and achieved record-high revenue. The company also raised its Q2 revenue guidance, and its stock price exceeding $1000 in after-hours trading.

This marks NVIDIA's 6th consecutive quarter of surpassing market expectations and its 4th consecutive quarter of record-high revenue. The company increased its quarterly dividend by 150% to $0.10 per share and announced a 10-for-1 stock split. NVIDIA previously executed a 4-for-1 stock split in July 2021, after which its stock price surged by 30% within a few days.

During the earnings call, Jensen Huang stated that the Blackwell chip, which is anticipated to be the highest-performing AI chip on the market, will begin shipping in the second quarter, with production ramping up in the third quarter and deployment in data centers by the fourth quarter. This lays the foundation for the next wave of growth.
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