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Nvidia Reports Q1 ’24 Earnings – Wow, Wow, Wow!

May 25, 2023

The Q1 2024 earnings report from AI specialist, Nvidia and in particular the guidance for the second quarter, is already being described as one of the most exciting earnings reports of all time. In after hours trading, at one stage, the shares were up by almost a third, to take the market value to a whisker shy of $1 trillion.

This backs up my view that Nvidia may have the most exciting investment story in the world just now although if you read the rest of this report I have another name in the frame, something completely different, which also looks incredibly exciting.

Nvidia's second quarter guidance was stunning. As I noted in an alert three days ago, before the latest results, there is a massive 'something new' going on at Nvidia and these shares could still have a long way to run.

To get unique access to stock market news and analysis from Quentin Lumsden, one of London’s leading stock market experts, and to continue reading this article…


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