Nvidia earnings: Wall Street grows more bullish on the ‘AI ecosystem of choice’

News Snapshot:

Nvidia (NVDA) once again surpassed Wall Street's lofty expectations with its latest earnings report. For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. The numbers represent significant increases from last year's results in the same period. Earnings rose more than 486% while revenue was up more than 262%. The company also guided higher than analysts' expectations for the first quarter, saying it anticipates revenue of $24 billion, plus or minus 2%. Wall Street was expecting $21.9 billion for the quarter. Wall...