Nvidia Is Blowing Expectations Out of the Water -- Is It Too Late to Buy the Red-Hot Artificial Intelligence (AI) Stock?
Nvidia (NASDAQ: NVDA) published fourth-quarter results after the market closed on Wednesday, and the report was nothing short of incredible. Despite sky-high expectations, the artificial intelligence (AI) leader actually delivered results that were far better than Wall Street anticipated. The graphics processing unit (GPU) technology company's share price soared in after-hours trading.
Nvidia posted non-GAAP (adjusted) earnings per share of $5.16 on revenue of $22.1 billion in Q4. Meanwhile, the average analyst estimate had called for per-share earnings of $4.64 on sales of $20.6 billion. The GPU specialist delivered another blowout quarter, and its stock is surging again thanks to the results.
Can investors still score big wins with this incredible AI stock?
Source Fool.com
