Nvidia posted revenues of $3.08 billion for the first quarter ended April 26, up 39% from a year earlier. The revenues beat expectations, and earnings per share of $1.80 also blew past expectations as datacenter revenues from artificial intelligence and the cloud grew.
Santa Clara, California-based Nvidia makes graphics processing units (GPUs) that can be used for games, AI, and datacenter computing. While many businesses have been hit hard by the pandemic, Nvidia has seen a boost in those areas.
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