Cloud revenue surpassed revenue from licensing and support services operations in the most recent quarter.
The Dow Jones fell as Nasdaq led the major indexes on Thursday. Nvidia stock rallied in the stock market today after its earnings report.
(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast showed that AI computing spending remains strong.Most Read from BloombergNvidia Stock Surges as Forecast Delivers on AI HopesThese Flight Routes Suffer the World’s Worst TurbulenceHarvard Denies Degrees to 13 Protesters, Defies Faculty VoteCiti Trader Got 711 Warning Messages Before Sparking Flash CrashUS Justice Department to Seek Breakup of Li