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Goldman Sachs: NVIDIA's Last Quarter Performance and Guidance Both Exceed Market Expectations, Rated 'Buy'
1 day ago /
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Author：小编
According to a research report by Goldman Sachs, NVIDIA's performance and guidance for the last quarter both surpassed market expectations. Its quarterly revenue reached $68.1 billion, higher than both Goldman Sachs' and market forecasts; gross margin and operating profit margin were in line with predictions; operating earnings per share of $1.76 also exceeded forecasts. NVIDIA's guidance for the first fiscal quarter also exceeded investor expectations, with an expected median revenue of $78 billion and a non-GAAP gross margin guidance slightly higher than expected. Goldman Sachs maintains a 'Buy' rating on NVIDIA with a target price of $250.
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