NVIDIA Corporation Looks Set For Another Great Run

Datacenter and auto segments are showing rapid growth, supporting a 20%+ growth rate. Gaming keeps ticking upwards, but artificial intelligence is where the real money is. NVIDIA is riding the peak of the cloud wave that is lifting datacenter demand. NVIDIA’s (NSDQ:NVDA) second quarter earnings blew past analyst estimates as the company reported $0.40 earnings per share on the back of $1.43 billion in revenue, while analysts were expecting $0.37 earnings per share and $1.35 billion in revenue. The Numbers Behind NVIDIA’s Success As you can clearly see from the chart below, revenue growth in the last eight quarters has been on a steady upward climb, reaching above the 20% level year-over-year for the first time in several years. During the first quarter earnings call the company had guided only $1.35…

Link to Full Article: NVIDIA Corporation Looks Set For Another Great Run

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