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NVIDIA Shares Surge As AI Powerhouse Rakes In Billions On Strong Data Center Earnings

February 23, 2023

NVIDIA Shares Surge As AI Powerhouse Rakes In Billions On Strong Data Center Earnings

Investors are upbeat following NVIDIA’s fourth quarter and fiscal 2023 financial results, with the company’s share price surging after it beat out Wall Street’s expectations. That’s a despite a 21 percent year-over-year drop in quarterly revenue to $6.05 billion and a massive 46 percent decline in gaming revenue to $1.83 billion for the quarter.

Gaming

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Author: Paul Lilly

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