While the graphics-chip specialist's year-over-year results were poor, its sequential growth was solid.
News & Analysis: NVIDIA
The graphics chip designer's profits were cut in half in its fiscal second quarter, and guidance for the current period was set even lower.
The graphics processing specialist appears to have turned the corner with two quarters of sequential increases.
On a day stocks bounced back, NVIDIA shares rose after the company reported a strong quarter, as did those of Deere despite challenges in the agricultural industry.
The graphics computer chip specialist posted its second consecutive quarter of sequential growth in the gaming segment.
Major benchmarks picked up some ground on Friday morning.
NVDA earnings call for the period ending June 30, 2019.
The computer graphics card maker sees notable drops in fundamentals but still exceeds estimates, and GE's leader loads up on company stock.
The graphics card leader is about to fall behind on the manufacturing technology front.
Will the chipmaker return to growth or is there more pain in store?