Nvidia shares surge after strong fourth quarter results ...Middle East

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Nvidia shares surge after strong fourth quarter results
Shares of Nvidia have surged this week after the chipmaker posted strong fourth quarter results earlier this week. Nvidia, a leading manufacturer of the graphics processing units (GPUs) typically used for artificial intelligence (AI) models, saw its shares jump 16 percent on Thursday and had climbed another 3 percent as of midmorning Friday. The surge followed the company’s release of its fourth quarter results on Wednesday evening, which beat Wall Street’s expectations, according to CNBC. Nvidia posted a record quarterly revenue of $22.1 billion, up 22 percent from the previous quarter and 265 percent from one year earlier, it said in a press release. “Accelerated computing a

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