Nvidia Just Raised Its Dividend By 2,400% -- and That Wasn't Even the Biggest News From Its Earnings Report

AI Summary

Nvidia has made headlines by significantly increasing its quarterly dividend from $0.01 to $0.25, reflecting a 2,400% raise. This decision comes on the back of an impressive 85% revenue growth year-over-year for the first quarter of the fiscal year.

Nvidia's fiscal first-quarter revenue rose 85% year over year, accelerating again. The board lifted the quarterly dividend from $0.01 to $0.25 ...