Shares in Nvidia rose nearly 5% in after-hours trading on Wednesday after the company posted first-quarter earnings that beat market expectations, despite a substantial revenue loss stemming from tightened US export restrictions on chip sales to China. For the fiscal first quarter of 2026, Nvidia reported total revenue of $44.1 billion (£34.8 billion), up 69%
Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its GPU Technology Conference
Nvidia stock (NVDA) climbed more than 6% Thursday along with other chip stocks as tech led a market rebound. The bounce back comes a day after shares of the AI chip heavyweight fell more than 5%. Wall Street has been bullish on Nvidia following a decline of more than 25% from the stock’s intraday peak