Nvidia's Q1 revenue soared threefold, profits quadrupled, announced a 10-1 stock split, and rose 7% to a new high after the market | Earnings News
After the US stock market on Wednesday May 22, chip giant Nvidia, which has been in the limelight since last year in the AI boom, announced the results for the first fiscal quarter of fiscal year 2025 up to the end of April this year. Nvidia's total revenue and data center revenue both reached record highs in the current quarter, and increased several times over the same period last year. The revenue guidance for the next quarter also exceeded expectations. It also carried out a 10-1 stock split and a significant increase in dividends. Nvidia rose more than 7% after the market. If the rise continues until tomorrow's opening, the stock price will break through the $1,000 mark for the first time, driving Arm Holdings, AMD, TSMC ADR, Micron Technology, Mywell Technology, and ultra-microcomputers
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