Nvidia share price surges 6% after robust performance in Q1
Nvidia share price jumped as much as 6 per cent in afterhours trading on Wall Street after the IT giant posting record-breaking revenue and data center sales for the first quarter.
The IT giant stock climbed to $142.22 apiece on Nasdaq in afterhours trading, against previous close at $135.50.
Nvidia Q1 results 2025
The company posted fiscal first-quarter revenue of $44.06 billion, marking a 69% increase compared to the same period last year and surpassing analysts’ forecast of $43.31 billion.
Adjusted earnings per share were $0.96, exceeding the expected $0.93. Net income climbed to $18.8 billion, or $0.76 per share, up from $14.9 billion in the previous year.
Nvidia’s data center unit—which includes its AI chips and networking…