Nvidia Just Became a Whole Lot More Valuable

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Investors eagerly awaiting the company's quarterly results were not disappointed as Nvidia's sales more than doubled and its profit was up sevenfold.

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Nvidia generated $26.04 billion in Q1 revenue, up 262% year over year, while net income of $14.88 billion was a jump of 628% from the $2.04 billion the company had posted in the same quarter last year.