Nvidia, China
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A breakfast meeting at a Denny's restaurant led to the creation of NVIDIA Corporation. Today, the Nvidia CEO is worth significantly more than the restaurant company.
Nvidia is slated to report fiscal first-quarter results after the market closes Wednesday, with Wall Street expecting another record quarter from the world's second-most valuable company.
Nvidia CEO Jensen Huang had a lot to say about the China restrictions and praised President Donald Trump during the company's Q1 earnings call.
Wedbush on NVDA: Nvidia and CEO Jensen Huang delivered a strong quarter with "robust numbers," Ives said in a new investor note. "With all the world and markets watching…the Godfather of AI Jensen and Nvidia delivered another robust quarter after the bell handily beating the Street yet again," Ives said.
Read Investopedia's live updates on the AI chip giant's quarterly results, as well as the market reaction and comments from CEO Jensen Huang during the conference call with analysts.
In commenting on the company's latest results, Nvidia CEO Jensen Huang sounded as bullish as ever about the long-term opportunity tied to artificial intelligence. "AI inference token generation has surged tenfold in just one year,