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Nvidia Stock Plunges After Q1 Figures, ‘Nominal’ Crypto Mining Card Revenue According to Cointelegraph


Nvidia shares plunge after Q1 numbers, ‘nominal’ crypto-mining card revenue

Shares of US graphics card maker Nvidia fell in after-hours trading on Thursday due to a disappointing second-quarter revenue outlook.

Quarterly growth from Q4 2021 to Q1 2022 was strong with revenue up 8% to $8.98 billion and earnings per share up 3% to $1.36. It also announced it would continue its $15 billion share buyback program through the end of 2023 under submit to the Securities and Exchange Commission (SEC).