Nvidia shares surge, bucking market sell-off, after earnings show big cryptocurrency, gaming demand

Nvidia shares surge, bucking market sell-off, after earnings show big cryptocurrency, gaming demand

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/09/nvidia-shares-surge-after-big-cryptocurrency-gaming-demand.html

Nvidia shares are surging as Wall Street is growing more optimistic on the company's opportunities in key growth markets.

The chipmaker reported better-than-expected fiscal fourth-quarter earnings and guidance Thursday. Nvidia's biggest business segment, gaming, produced $1.74 billion in revenue, above the FactSet estimate of $1.54 billion. The second largest area, data center, came up with $606 million in revenue, above the consensus estimate of $552.1 million.