NVIDIA (NVDA) shares rose almost 4% during post-trading hours after reporting better than expected income and income on Wednesday.
The AI Powerhouse posted a 69% increase in revenue in the first quarter, compared to a year ago, with the data center business growing 73% year-on-year. Net revenue came at $ 18.8 billion, up to 26% from a year before.
Moving after time has pushed NVDA sharing to a moderate year-to-date gain and about a 20% year-to-year advance.
AI tokens, including bittenor Near the protocol
And the Internet Computer (CIP), moved slightly higher after defeating Nvidia’s revenue, though remained lower during the day. However, this is a continuous AI demand which is a major driver in 73% growth in the data center business.
Turning a view amidst the recent uncertainty in global trade, Nvidia said it hopes that second-quarter income will come below market estimates as a result of tariff-related restrictions between the US and China.
