NVIDIA’s (NASDAQ: NVDA) stock price will soon set a new all-time high if it hasn’t by the time this article is read. The reason why is that the Q1 release laid to rest fears centered on China restrictions, AI demand, and the strength of core semiconductor businesses.
The key takeaways for investors and traders are that the results were strong even without China; adding the lost revenue into the picture makes Q1 another impressive event in a string of market-wowing reports, and the guidance is equally solid.
