Market Movers rounded up the best reactions on Nvidia from investors and analysts. The experts, including Jim Cramer , discussed the chipmaker after its second-quarter financial report topped analysts’ estimates on both the top and bottom lines, including revenue that surpassed expectations more than $2 billion. Surging demand for artificial intelligence-capable chips helped Nvidia deliver another round of strong guidance with an expected $16 billion in revenue for the third quarter, up 170% from the same time last year. Nvidia shares had hit a record high after market open Thursday but finished the day nearly unchanged from Wednesday’s close. The stock is up more than 220% this year and is currently held in Cramer’s Charitable Trust portfolio.
Source: www.cnbc.com