{"id":90961,"date":"2023-05-29T19:39:39","date_gmt":"2023-05-29T19:39:39","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-22-blockbuster-results-for-ia-chip-king-nvidia\/"},"modified":"2023-05-29T19:39:56","modified_gmt":"2023-05-29T19:39:56","slug":"issue-22-blockbuster-results-for-ia-chip-king-nvidia","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-22-blockbuster-results-for-ia-chip-king-nvidia\/","title":{"rendered":"Issue 22: Blockbuster Results for IA Chip King Nvidia"},"content":{"rendered":"<p><strong>Nvidia (NVDA:NASDAQ)<\/strong> reported Q1\/2024 earnings last Wednesday. Revenue for the quarter came in at US$7.19 billion, up 19% from the previous quarter but down 13% from the same quarter in 2022. Gaming chips were weak and, despite lower revenues, a record performance in data center sales generated a huge beat compared to analysts\u2019 expectations. Following the results, NVDA shares rocketed higher by an incredible 24.4% on Thursday alone and added another 2.5% on Friday. Shares are up by 166.5% year-to-date and up by 225.6% since the October low. Nvidia\u2019s market capitalization is on the cusp of reaching $1 trillion which would put Nvidia in the \u201ctrillion dollar\u201d club along with Apple, Microsoft, Alphabet (Google) and Amazon.<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>By Charles Marleau CIM<sup>\u00ae<\/sup> and William Mitchell CIM<sup>\u00ae<\/sup><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2023\/05\/Weekly_Commentary_052923.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia (NVDA:NASDAQ) reported Q1\/2024 earnings last Wednesday. Revenue for the quarter came in at US$7.19 billion, up 19% from the previous quarter but down 13% from the same quarter in 2022. Gaming chips were weak and, despite lower revenues, a record performance in data center sales generated a huge beat compared to analysts\u2019 expectations. Following &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-22-blockbuster-results-for-ia-chip-king-nvidia\/\"> <span class=\"screen-reader-text\">Issue 22: Blockbuster Results for IA Chip King Nvidia<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":1,"featured_media":90952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/90961"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=90961"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/90961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/90952"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=90961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=90961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=90961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}