Nvidia reports $81.6 billion in revenue, beating estimates

Nvidia Corp. (NVDA) on Wednesday reported a fiscal first-quarter profit of $58.32 billion. The Santa Clara, California-based company said it had a profit of $2.39 per share. Earnings, adjusted for nonrecurring gains, came to $1.87 per share. The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share. The maker of graphics chips for gaming and artificial intelligence posted revenue of $81.61...