Why This NVIDIA Earnings Beat Is So Important

NVIDIA Corp. (NASDAQ: NVDA) reported its second quarter financial results after the markets closed on Thursday. This company has been on the cutting-edge of developing deep learning and AI, which it believes has the potential to revolutionize the market and the way we do business. NVIDIA posted a handy gain on the day and a solid win on the earnings report, seemingly paving the way for this well positioned Tech Company to further its platforms, guidance would suggest so as well. The company posted $0.40 in earnings per share on $1.43 billion in revenue, beating consensus estimates from Thomson Reuters that called for $0.37 in EPS on $1.35 billion in revenue. The same period form last year had $0.05 in EPS on $1.15 billion in revenue. In terms of the…


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