Nvidia Shares Jump on Solid Quarterly Results

Shares of Nvidia (NVDA) - Get Report were higher Friday after posting solid earnings Thursday evening. Earnings of $0.53 a share surpassed Wall Street's estimates by six cents. Revenue of $1.43 billion also beat analysts' forecasts. Nvidia's data center revenue, which involves sales of Tesla  (TSLA) - Get Report server accelerator cards, rose an eye-popping 110% from the same period last year. The company's CEO said in a statement that their strategy to focus on creating the future where graphics, computer vision and artificial intelligence converge is fueling growth across their specialized platforms -- those being, gaming, pro visualization, data center and automotive.