Nvidia Shares Jump After AI Juggernaut Beats Revenue Expectations

Core Insights - Nvidia reported $57 billion in revenue for its third quarter, exceeding Wall Street expectations of $54.9 billion [1][2] - The majority of earnings were driven by data center sales, which totaled $51.2 billion, surpassing the anticipated $49 billion [2] - Nvidia's earnings per share were reported at $1.30, beating the expected $1.26 and significantly higher than $0.78 from the previous year [2] Stock Performance - Following the earnings report, Nvidia's shares increased by over 2%, although they have declined by 3.7% over the last five trading days [2] Executive Wealth - Nvidia CEO Jensen Huang's net worth is estimated at $162 billion, having increased by $4.4 billion recently, making him the eighth wealthiest person globally [4]