NVIDIA Corp. shares remained mostly flat, dipping 0.07% in the last week, following a month-long surge with nearly an 11% gain. The semiconductor leader has seen year-to-date growth exceeding 14%, and a one-year increase of 23.43%. In April, NVIDIA achieved a $3 trillion market cap and surpassed Apple and Microsoft as the largest publicly traded company. The Q1 earnings report showed $44.1 billion in revenue, up 12% from the previous quarter and 69% year-over-year, with a 96-cent EPS beating forecasts. Analysts view current prices as a buying opportunity, expecting continued upside amid strong AI-driven demand.
NVIDIA reported Q1 earnings with revenue of $44.1 billion, marking a 69% year-over-year increase, and EPS reached 96 cents, exceeding analysts' expectations.
NVIDIA shares have gained 1,409% over the past five years and are up 395,500% since going public, demonstrating significant growth and market dominance.
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