The sector itself has been on high alert during Russia's conflict with Ukraine, with many chipmakers steeling themselves for cyber warfare. Read More...
Motley Fool
Nvidia Stock Gets Disconnected From Reality
Such was the case with Nvidia (NASDAQ: NVDA); its recent fiscal fourth-quarter results topped expectations on the top and bottom line. Nvidia said revenue hit a record $7.6 billion in the fourth quarter, a 56% jump year over year, generating record earnings of $1.18 per share, double what they were last year. While the gaming segment is still Nvidia’s biggest moneymaker, producing quarterly revenue of $3.42 billion, or 37% more than it did in fiscal 2021, the data center business continues to enjoy explosive growth and now stands at $3.26 billion.
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