Shares of Nvidia (NASDAQ: NVDA) climbed higher after the chip giant once again reported stellar earnings results. The stock has now more than tripled over the past year. The company also announced a 10-for-1 stock split effective June 7.

Let's look at the company's latest quarterly results, one potential risk, its current valuation, and whether it's too late to buy the stock.

Nvidia once again saw explosive revenue growth when it reported its fiscal first-quarter results, with sales surging 262% year over year to $26.0 billion. Earnings per share (EPS) came in at $5.98, up 629%.

Continue reading

Source Fool.com