Nvidia’s Earnings: What We Learned
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Nvidia reported solid fiscal first-quarter earnings late Wednesday but provided a revenue forecast for the July quarter that was below expectations. Nvidia said adjusted EPS would have been 96 cents excluding a $4.5 billion charge in the first quarter associated with excess inventory of its H20 chip designed for the Chinese market. Revenue for the fiscal first quarter was $44.1 billion, ahead of analysts' expectations for $43.3 billion.