NVIDIA (NVDA) reported first-quarter results that topped Wall Street expectations as data-center revenue more than tripled year over year. Adjusted earnings of $6.12 per share beat the $5.59 consensus, while revenue of $26.04B surpassed the $24.65B estimate. The company guided second-quarter revenue to $28.0B, plus or minus 2%, above the $26.8B Street mark.
CEO Jensen Huang cited 'extraordinary' demand for the Hopper platform and an accelerating ramp of the Blackwell architecture. Data-center revenue hit $22.6B, up 427% year over year.Gross margins expanded 740bps to 78.4%.
Shares rose 6% in extended trade. Analysts at Morgan Stanley raised their price target to $160, reiterating an Overweight rating.
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| Ticker | Action | Entry | Exit | P&L | Date | |
|---|---|---|---|---|---|---|
| NVDA | buy | $118.30 | $124.92 | +$1324 | Mar 18, 2025 | Mean Reversion — US Large Cap |
| SMCI | buy | $41.20 | $56.80 | +$2808 | Feb 11, 2025 | Momentum Breakout — Growth Equities |
| NVDA | buy | $132.50 | $121.10 | −$1710 | Feb 24, 2025 | Momentum Breakout — Growth Equities |
| AMD | buy | $162.10 | $178.45 | +$1962 | Mar 3, 2025 | Momentum Breakout — Growth Equities |