NVIDIA (NVDA) shares increased by approximately 4% in post-exchange hours after reporting on Wednesday profits and better than expected income.
The Powerhouse AI posted a 69% increase in income in the first quarter, compared to a year ago, its data center activity increasing by 73% in annual sliding. Net profit reached $ 18.8 billion, up 26% compared to the previous year.
The move after the opening hours pushed NVDA shares to a modest gain of one year and an advance of approximately 20% in annual shift.
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And the Internet computer (CIP), was slightly higher after the beat of NVIDIA income, although it has remained considerably lower for the day. However, it was the current AI demand which was a key growth engine of 73% in the activity of the company data center.
Regarding the prospects in the midst of the recent uncertainties of world trade, Nvidia said that it expects the second quarter income to occur below market estimates following restrictions linked to prices between the United States and China.
