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Stockreport

Nvidia shares rise 8% as Jensen Huang says $660 billion capex buildout is sustainable [MSNBC.com]

NVIDIA Corporation (NVDA)  More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The tech industry's surging capital expenditures for infrastructure are justified, appropriate and sustainable,Nvidia"Nvidia shares closed up nearly 8% on Friday.Huang's comments come after key Nvidia customersMetaAmazonGoogleMicrosoft$660 billion on capital expendituresWall Street had a mixed response to the surging spending, sendingAlphabetHuang said that the "largest infrastructure buildout in human history" is being driven by "sky high" demand for computing power, which companies and hyperscalers can use to make more money. He cited specific examples of what Nvidia customers are doing with .Meta is using to move from a recommendation system that ran on CPUs to a system that uses generative and agents, Huang said. He said Amazon Web Services' usage of Nvidia chips and will affect how the retail giant recommends products, and that Microsoft will use Nvidia-powered to improve its enterprise software.He also praisedOpenAnthropicinvested"Anthropic is making great money. Open is [Read more]

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Stockreport

Nvidia shares rise 8% as Jensen Huang says $660 billion capex buildout is sustainable [MSNBC.com]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The tech industry's surging capital expenditures for infrastructure are justified, appropriate and sustainable,Nvidia"Nvidia shares closed up nearly 8% on Friday.Huang's comments come after key Nvidia customersMetaAmazonGoogleMicrosoft$660 billion on capital expendituresWall Street had a mixed response to the surging spending, sendingAlphabetHuang said that the "largest infrastructure buildout in human history" is being driven by "sky high" demand for computing power, which companies and hyperscalers can use to make more money. He cited specific examples of what Nvidia customers are doing with .Meta is using to move from a recommendation system that ran on CPUs to a system that uses generative and agents, Huang said. He said Amazon Web Services' usage of Nvidia chips and will affect how the retail giant recommends products, and that Microsoft will use Nvidia-powered to improve its enterprise software.He also praisedOpenAnthropicinvested"Anthropic is making great money. Open is [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NVDA
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Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

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%

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AVG SHARES PER TRADE

EVENT DAY
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