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Qualcomm Rides AI Wave To Record Quarter, But Lowered Q2 Guidance Thanks To Seasonality And Apple Shipments Drags Down Stock
Thursday, February 6, 2025 - 2:11am | 725Despite beating the street’s earnings expectations, posting a record first-quarter revenue, and showcasing strength in on-device artificial intelligence inference, Qualcomm Inc. (NASDAQ:QCOM) shares fell 4.6% after market hours over the weak second-quarter guidance. What Happened: Qualcomm's...
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Nvidia CEO Highlights His Company As AI Lynchpin: 'Every Single Time You Interact With ChatGPT…'
Thursday, February 22, 2024 - 12:17am | 722During the fourth quarter earnings call on Wednesday, Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang expressed optimism about the company’s future, citing industry-wide transitions and the potential for continued growth in the data center business. What Happened: During the earnings call,...