Nvidia Surpasses Q1 Expectations, Boosts Dividend and Announces Stock Split

1 min read
Source: Benzinga
Nvidia Surpasses Q1 Expectations, Boosts Dividend and Announces Stock Split
Photo: Benzinga
TL;DR Summary

Nvidia reported strong Q1 results, surpassing expectations with record revenues driven by high demand for AI accelerators. The company announced a 10-for-1 stock split and a 150% increase in its quarterly dividend. Nvidia's stock rose in after-hours trading, and the company provided optimistic guidance for Q2.

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