Why Nvidia Stock Jumped Today
Shares of Nvidia (NASDAQ: NVDA) rose 4% on Thursday after the semiconductor titan delivered impressive second-quarter financial results.
Nvidia's revenue surged 68% year over year to $6.5 billion. The chipmaker enjoyed broad-based growth, with sales in its data center and gaming segments increasing 35% and 85%, respectively.
"Nvidia's pioneering work in accelerated computing continues to advance graphics, scientific computing, and AI [artificial intelligence]," CEO Jensen Huang said in a press release.
Source Fool.com