Nvidia EPS /revenues beat estimates. EPS $2.70 vs $2.09 est. Rev $13.507B vs 11.224B est.

<ul><li>EPS $2.70 versus estimate of $2.09 </li><li>Revenue $13.51B versus estimated $11.224B</li><li>Revenue of $16B estimate for next quarter vs $12.1B estimate</li></ul><p>Breaking down revenue:</p><ul><li>DataCenter $10.32B vs estimate of $7.691B</li><li>Gaming $2.49B vs estimate of .$2.4B</li><li>Automotive $253M vs estimate of $317M</li><li>Professional visualisation $379M vs estimate of $318M</li><li>OEM and IP $xxxM vs. estimate of $101M</li><li>Adjusted gross margins at 71.2% versus expected 70.1%</li><li>Adjusted operating income is $7.78 billion versus expected $5.89 billion</li></ul><p>Comment from Nvidia:</p><ul><li>"New computing era has begun"</li></ul><p>The stock is trading up at $514 that's up $43 or 9.16%. (At 4:25 PM ET).</p><p>Other AI related stocks:</p><ul><li>Microsoft shares are trading up 2.21% at $334.23</li><li>Adobe shares are up 0.75%</li><li>AMD is up 2.44%</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.