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Jim Cramer Says “NVIDIA Is the Bedrock of the Fourth Industrial Revolution”

Jim Cramer lauded NVIDIA as a pivotal player in the Fourth Industrial Revolution following its impressive earnings report. The company reported a 75% growth in its data center business and exceeded revenue expectations, prompting optimistic guidance for the upcoming quarter.

Jim Cramer Says “NVIDIA Is the Bedrock of the Fourth Industrial Revolution”

Credit: Yahoo

Key Highlights

  • NVIDIA reported $68.13 billion in revenue for Q4, surpassing estimates.
  • Adjusted earnings per share were $1.62, higher than the expected $1.53.
  • NVIDIA's data center revenue grew by 75% year-over-year.
  • The company provided optimistic guidance with projected revenue of $78 billion for Q1.
  • Cramer believes NVIDIA is crucial for the broader economy and advises holding the stock.
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Sources

  1. Jim Cramer Says “NVIDIA Is the Bedrock of the Fourth Industrial Revolution”
  2. Jim Cramer Doesn’t Believe NVIDIA (NVDA) Is Engaged In Circular Deals

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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