The Glaring Flaw in Nvidia's Operating Results That Wall Street and Investors Keep Overlooking
History says that attempting to sweep this blemish under the rug would be a mistake.
Overview
In the words of Carson Group's Chief Market Strategist, Ryan Detrick: "Death, taxes, and Nvidia (NASDAQ: NVDA) beats on earnings are three things we can always count on in life."
For the 11th time in the last 12 quarters, the infrastructure backbone of the artificial intelligence (AI) revolution demolished Wall Street's consensus sales and profit expectations in its fiscal second quarter (ended July 26). Sales more than doubled to $96.2 billion, with (surprise, surprise!) the data center segment leading the way (117% year-over-year revenue growth).
Image source: Nvidia.
Details
Source
Originally published at www.fool.com.
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