NVIDIA's sales for the first fiscal quarter were 26 billion ...

NVIDIA's sales for the first fiscal quarter were 26 billion dollars, significantly exceeding analysts' expectations of 24.69 billion dollars, of which data center sales were 22.6 billion dollars, which also exceeded market expectations of 21.13 billion dollars, and rose 5% once after the plate.

Also, according to the financial results report, NVIDIA's gross profit margin for the same quarter was 78.9%, which greatly exceeded analysts' expectations of 77%. The company anticipated second-quarter sales of 28 billion dollars (plus or minus 2%), which exceeded market expectations of 26.8 billion dollars.

NVIDIA also announced that it will implement a stock split of 10 shares per share, and that dividends after the split will increase 150% to 0.01 dollars per share.

Nvidia hit a record high closing price of $953.86 on Tuesday and fell 0.5% on Wednesday to surpass the S&P 500 and Nasdaq, which have accumulated profits of nearly 92% so far this year and have risen substantially more than 11%.

The total market value of the company jumped from a low stock price point in 2022/10 to 2.3 trillion dollars last year after Microsoft and Apple ranked 3rd in the US stock market, and there was a huge rebound of almost 750 percent, and then jumped 240% in 1 year.

Expectations for NVIDIA's performance on Wall Street are still high. 40 analysts “buy,” 2 “hold,” and not a single “sell” recommendation.The average target share price of $1057.76 means an 11% increase.