Nvidia stock explodes after 'guidance for the ages': What Wall Street is saying

– Nvidia (NVDA) has regained its status as Wall Street's market darling.

– The company's upbeat AI-fueled earnings call and strong outlook surprised even bullish analysts.

– NVDA shares surged 27% in trading on Thursday, outperforming analyst estimates.

The company expects second-quarter revenue to be around $11 billion, with a margin of error of 2%. Wall Street had anticipated $7.2 billion. 

Nvidia's founder and CEO, Jensen Huang, stated during the conference call with analysts  

that the optimistic outlook reflects a shift towards accelerated computing 

which has increased demand for Nvidia's chips that power generative AI.