A forecast of 70% revenue growth next fiscal year broke Nvidia's four-quarter streak of post-earnings stock declines

Nvidia will beat FQ2 (July) revenue estimates by approximately $3-4 billion, with revenue potentially reaching $94-95 bn. The stock, however, will not respond to the beat.

Chipmaker Nvidia doubled quarterly revenue, disclosing $366 billion in future commitments and up to $108.5 billion in guarantee exposure.