California-based NVIDIA Corp. (NASDAQ: NVDA) is a technology company that designs, manufactures, and sells multimedia software like an application programming interface, chipsets, and graphic processing units. It also offers artificial intelligence hardware & software and video game consoles. On May 25, the company reported upbeat results for the fiscal first quarter ended May 1, 2022. Earnings grew 48.6% year-over-year to $1.36 per share, compared with the Street’s estimate of $1.30 per share. Further, revenue increased 46% to a record $8.29 billion.
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