Nvidia spikes after earnings and guidance top Wall Street estimates
reported on Thursday reported strong first-quarter results, sending shares up more than 5% after the closing bell.
Looking ahead to the second quarter, Nvidia sees revenue of $2.55 billion at the midpoint, plus or minus 2%. That was better than the $2.53 billion that analysts were hoping for. "We think China trade talks will negatively impact our universe. Most notably, we think GPUs and Semi-cap are most at risk to the downside if tensions continue to rise."
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