Nvidia earnings: Wall Street grows more bullish on the ‘AI ecosystem of choice’

Nvidia (NVDA) once again surpassed Wall Street’s lofty expectations with its latest earnings report. For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. The numbers represent significant increases from last year’s results in the same period. Earnings rose more than 486% while revenue was up more than 262%. The company also guided higher than analysts’ expectations for the first quarter, saying it anticipates revenue of $24 billion, plus or minus 2%. Wall Street was expecting $21.9 billion for the quarter. Wall…