Nvidia (NVDA) shares increased approximately 4% in the hours after trade after informing better profits and income than expected on Wednesday.
The AI Powerhouse registered a 69% increase in income in the first quarter, compared to a year ago, with its data centers growing 73% year after year. The net income reached $ 18.8 billion, 26% more than the previous year.
The movement outside hours took NVDA’s shares to a modest annual gain to date and approximately an advance year after year of 20%.
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and Internet Computer (CIP), moved slightly higher after the rhythm of Nvidia’s profits, although it remained considerably lower for the day. However, it was the demand for continuous that was a key promoter in the 73% growth in the company’s data center business.
Regarding perspectives in the middle of the recent global commercial uncertainties, Nvidia said that it expects the income of the second quarter to be below market estimates as a result of restrictions related to the rate between the United States and China.
