Nvidia stock price wobbled in after-hours trading in New York on Wednesday, even as the chipmaker reported a quarterly profit of $58.3 billion (£43.4 billion) and another set of record-beating results that underline its dominance at the heart of the artificial intelligence boom.
On Wednesday, Nvidia said revenue for its latest fiscal first quarter rose 85% year on year to $81.62 billion (£60.72 billion), compared with $44.01 billion (£32.74 billion) in the same period a year earlier. Net income jumped to $58.32 billion (£43.39 billion), or $2.39 (£1.78) per share, up from $18.78 billion (£13.97 billion), or $0.76 (£0.57) per share.
