Nvidia Earnings: Stock Surges in After-Hours Trading Today; Results Beat Expectations; Forecast Comes in Strong

On a call with investors and analysts, Nvidia Chief Financial Officer Colette Kress said supply for current artificial intelligence graphics processing units is improving and demand is strong. The 2017 boom in cryptocurrency sent the prices of GPUs skyrocketing. Graphics cards that would normally sell for $800 were being resold for as much as $2,000…