24.02.2024 19:04:00

Will Nvidia Be Worth More Than Microsoft by 2025?

Nvidia's (NASDAQ: NVDA) stock surged 16% to a new all-time high on Feb. 22 after the chipmaker's latest earnings report crushed Wall Street's expectations. For the fourth quarter of fiscal 2024, which ended on Jan. 28, its revenue surged 265% year over year to $22.1 billion and surpassed analysts' expectations by $1.6 billion. Its adjusted earnings soared 486% to $5.16 per share and cleared the consensus forecast by $0.52.For the full year, Nvidia's revenue jumped 126% to $60.9 billion as its adjusted EPS climbed 288%. That represented a stunning acceleration from its flat revenue growth and 25% decline in adjusted earnings in fiscal 2023.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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