Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

Nvidia CEO Jensen Huang’s fried chicken dinner with Samsung, Hyundai chiefs sent Korean chicken stocks soaring, Marvell shares jumped 32% after his $1 trillion call

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.