LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow.
Nvidia shares fell nearly 9% on Monday after President Donald Trump confirmed that tariffs from Canada and Mexico will go into effect on Tuesday. The company's shares are now trading at the same price they were in September, before the U.S. presidential election.
Nvidia CEO Jensen Huang spoke with CNBC’s Jon Fortt following the chipmaker’s quarterly earnings report on Wednesday.
LOS ANGELES (AP) — Nvidia beats Wall Street estimates with strong fourth quarter, citing demand for Blackwell AI chips.