Nvidia’s results beat estimates, but Wall Street wants more cash return

Chipmaker Nvidia posted better-than-expected results for the January quarter on Wednesday and forecast current-quarter revenue above market estimates, betting on Big Tech’s unabated spending on its artificial-intelligence processors.

But its stock traded flat after hours, as investors, used to solid revenue beats from the company for 14 straight quarters, were likely disappointed by the uneventful results that were released 10 minutes after the expected time.