Here's your summary from Nvidia Delivers on AI Hopes, Igniting $140 Billion Stock Rally (https://www.youtube.com/watch?v=yovzQc8W_Ow) on the Bloomberg Television channel:
**TLDR:** Nvidia reported strong earnings, exceeding expectations and projecting continued growth, particularly in their data center division, with plans to meet increasing demand through 2025.
1. Nvidia's first quarter earnings were triple that of the previous year, with a forecasted revenue of $28 billion for the second quarter.
2. The data center division is driving the company's growth, with 45% of revenue coming from HYPERSCALERS like Amazon and Microsoft.
3. Nvidia plans to address potential supply chain challenges as they expand beyond GPUs to complete computers, services, and software.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro