Nvidia reports Q1 revenue down 13% YoY to $7.19B, vs. $6.52B est., with Data Center revenue up 14% YoY, and Q2 revenue forecast above estimates; NVDA jumps 15%+

Nvidia reports Q1 revenue down 13% YoY to $7.19B, vs. $6.52B est., with Data Center revenue up 14% YoY, and Q2 revenue forecast above estimates; NVDA jumps 15%+

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on Wednesday forecast second-quarter revenue above Wall Street estimates, as the growing popularity of artificial intelligence drives demand for its chips used in powering the technology at big data centers. Shares of the most valuable U.S. chip company jumped about 11% in trading after the bell.…

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