NVIDIA (NVDA) PT Raised to $500 at Evercore ISI, 'Jensen Dropping Mics and Jaws'

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NVIDIA Announces Financial Results for First Quarter Fiscal 2024

May 24, 2023 4:20 PM EDT

Quarterly revenue of $7.19 billion, up 19% from previous quarterRecord Data Center revenue of $4.28 billionSecond quarter fiscal 2024 revenue outlook of $11.00 billion

SANTA CLARA, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the first quarter ended April 30, 2023, of $7.19 billion, down 13% from a year ago and up 19% from the previous quarter.

GAAP earnings per diluted share for the quarter were $0.82, up 28% from a year ago and up 44% from the previous quarter. Non-GAAP earnings per diluted share were $1.09,... More

NVIDIA Collaborates With Microsoft to Accelerate Enterprise-Ready Generative AI

May 23, 2023 3:00 PM EDT

SEATTLE, May 23, 2023 (GLOBE NEWSWIRE) -- Microsoft Build -- NVIDIA today announced that it is integrating its NVIDIA AI Enterprise software into Microsofts Azure Machine Learning to help enterprises accelerate their AI initiatives.

The integration will create a secure, enterprise-ready platform that enables Azure customers worldwide to quickly build, deploy and manage customized applications using the more than 100 NVIDIA AI frameworks and tools that come fully supported in NVIDIA AI Enterprise, the software layer of NVIDIAs AI platform.

... More

Dell Technologies and NVIDIA Introduce Project Helix for Secure, On-Premises Generative AI

May 23, 2023 1:00 PM EDT

LAS VEGAS, May 23, 2023 /PRNewswire/ -- DELL TECHNOLOGIES WORLD --

News summary

Project Helix makes it easy for enterprises... More