Nvidia Corp. shares rallied in the extended session Thursday after the chipmaker’s quarterly results and outlook topped Wall Street estimates. Nvidia shares surged 7.4% to $233.65 after hours at last check. The company reported fourth-quarter net income of $1.12 billion, or $1.78 a share, compared with $655 million, or 99 cents a share, in the year-ago period. Adjusted earnings were $1.72 a share. Revenue rose to $2.91 billion from $2.17 billion in the year-ago period. Analysts surveyed by FactSet had estimated earnings of $1.16 a share on revenue of $2.68 billion. For the first quarter, Nvidia estimates revenue of $2.84 billion to $2.96 billion, while analysts had estimated revenue of $2.46 billion.
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