The Daily Chase: Nvidia tops expectations - BNN Bloomberg
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Article Excerpt
Here are five things you need to know this morning
Nvidia tops expectations: The investing world was waiting anxiously for the latest results and outlook from Nvidia – and the most highly valued company on the planet did not disappoint. Nvidia beat expectations for first quarter profit and revenue, and boosted its sales forecast for the second quarter. The tech giant also authorized a US$80 billion share buyback and raised its quarterly dividend. The results indicate an attempt to diversify away from giant data centres, with CEO Jensen Huang emphasizing the significance of physical AI, includ…
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