On Wednesday, Nvidia Corp (NASDAQ:NVDA) shares closed up 1.3% at $223.47 and slipped 1.26% to $220.66 in after-hours trading following the company's earnings report.
The company's first-quarter earnings prompted reactions from Jim Cramer, Gene Munster and Daniel Newman.
Nvidia Earnings Top Estimates As AI Demand Surges Nvidia reported first-quarter revenue of $81.6 billion, up 85% year-over-year and above analyst estimates of $78.8 billion.
The chip giant also posted adjusted earnings of $1.87 per share, beating Wall Street expectations of $1.76 per share.
The company guided for second-quarter revenue between $89.18 billion and $92.82 billion, topping consensus estimates of $86.62 billion.
