Intel rises on recovery hopes as it forecasts revenue above estimates [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Yahoo! Finance
current-quarter revenue above estimates but warning that it had "a lot of work to do." The chipmaker's shares jumped more than 7% in extended trading, paring back bigger gains shortly after it had published its results. The company has largely missed out on a boom in investments in speedy, advanced AI chips for data centers as businesses double down on adopting generative AI technology - a market dominated by Nvidia, followed by rival AMD. Intel reported third-quarter revenues above analysts' estimates, but also posted a massive net loss as a result of impairment and restructuring charges. In an interview with Reuters, Intel finance chief David Zinsner said the company was "making progress" on its profitability but that it had "a lot of work to do" to achieve the targets it had set. Intel reported a third-quarter net loss of $16.6 billion, excluding losses attributable to certain non-controlling interests. That compared with a net profit attributable to Intel of about $300 m
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NVDA
News
- NVIDIA Corporation (NVDA): Among The 10 Best S&P 500 Stocks to Buy According to Hedge Funds [Yahoo! Finance]Yahoo! Finance
- Intel's Gaudi AI chips are far behind Nvidia and AMD, won't even hit $500M goal [Verge, The]Verge, The
- Intel Surges After Results Spark Optimism Over Turnaround [Yahoo! Finance Canada]Yahoo! Finance Canada
- Intel Surges After Results Spark Optimism Over Turnaround [Yahoo! Finance Canada]Yahoo! Finance Canada
- Intel Surges After Results Spark Optimism Over Turnaround Effort [Yahoo! Finance]Yahoo! Finance
NVDA
Earnings
- 2/21/24 - Beat
NVDA
Sec Filings
- 10/11/24 - Form 4
- 10/7/24 - Form 4
- 10/1/24 - Form 4
- NVDA's page on the SEC website