Nvidia CEO Jensen Huang joked that his dinner plans can move stocks after the chipmaker reported better-than-expected fiscal second-quarter results and issued a stronger-than-expected revenue outlook. Nvidia shares jumped sharply after the results, adding to the growing attention around Huang’s ability to move markets with even a few words.
The comment came as Nvidia once again delivered a major earnings beat. The company reported $96.22 billion in second-quarter revenue, well above Wall Street expectations of about $92 billion. Adjusted earnings came in at $2.22 per share, also ahead of analysts’ estimates.