Nvidia stock jumps after hours on $78 billion sales outlook — what Wall Street is watching next
Nvidia shares rose nearly 4% in after-hours trading Wednesday after the company projected first-quarter revenue of about $78 billion, beating estimates. Fourth-quarter revenue reached $68.1 billion, with data center sales at $62.3 billion. Nvidia said its outlook excludes China data center compute revenue and it received U.S. licenses to ship only limited H200 chips there. The company will now include stock-based compensation in non-GAAP results.