A steep slowdown in demand from cryptocurrency miners is tempering enthusiasm for what in many ways is a strong Nvidia (NVDA) earnings report.
After the bell on Thursday, Nvidia reported April quarter (fiscal first quarter) revenue of $3.21 billion (up 66% annually) and GAAP EPS of $1.98, handily beating consensus analyst estimates of $2.89 billion and $1.46. All five of Nvidia’s reported market segments — Gaming, Datacenter, Automotive, Professional Visualization and OEM & IP — beat consensus revenue estimates.
Nvidia also guided for July quarter revenue....More>>>