Nvidia's Stocks Reacted to Third Quarter Earnings

Nvidia Stocks on the Rise

Nvidia (NVDA) shares gained value after hours on Wednesday following the release of its third-quarter adjusted earnings ($1.30 per share, expectations were $1.26) and revenue guidance ($57.01 billion, expectations were $55.2 billion).

CFRA Research Senior Vice President and Equity Analyst Angelo Zino, along with market expert Josh Lipton, evaluated the chip maker's latest earnings report. Zino emphasized how significant the contribution of Nvidia's data center business is to the company's revenue.

These developments in the markets present important opportunities for investors.