On Thursday, Jim Cramer and Gene Munster said Nvidia Corporation's (NASDAQ:NVDA) long-term AI growth remains strong even after the stock dipped following its earnings report.
Nvidia Stock Slips After Strong Earnings Beat
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Nvidia shares closed down 1.77% at $219.51 on Thursday, one day after the company reported first-quarter results that topped Wall Street expectations. The stock edged slightly higher in after-hours trading.
The AI chip giant reported revenue of $81.615 billion for the quarter, up 85% year over year and ahead of analysts' estimates of $78.796 billion.
