Live from the Nezac market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

All eyes on NVIDIA, shares of the semi-giant jumping after its latest earnings support, sending its market cap above Microsoft.

For the first time in two months, we are dialed into the semi-giant conference call, bringing you all the details.

Plus, a government guarantee what President Trump's plants or Fannie and Freddie mean for the rest of the housing sector.

And still too cheap, shares of Apricombe and Fitch soaring as much as 36% on the back of its results.

But one of our traders says the stock is still too cheap.

They lay out the case for the apparel company.

I'm Melissa Lee. Come to you live from Studio B,

the NASDAQ, on the desk tonight. Steve Grasso, Karen Feinerman, Dan Nathan, and Guy Adami.

And we start off with that all-important earnings report out of Nvidia. Shares are jumping about 5%

after the company beat both top and bottom-line estimates for its fiscal Q1. The company's

data center business also growing more than 70% over the last year.

The conference call kicking off just moments ago.

Christine NBC's Christina Pards and Eblis's got all the details on the quarter.

She joins us here on set.

And then I promise I'll go downstairs and get on that conference call.

Right on.

But in terms of the guidance, Q2 guidance is really a big deal for this company, $45.1 billion, which sounds like it's a little bit less than, you know, the $2 billion guide that they always do every single quarter and they've been really great, but is still higher than a lot of buy-side estimates that have come down just over the last little while to factor in for the H-20 ban. And speaking of the H-20 ban, these are the chips that were geared specifically for

China that fell under the US threshold. The company announcing in this report that they actually

took a $4.5 billion write down, which is less than the $5.5 billion they talked about. The

reason why it was a $1 billion difference is they were actually able to reuse the materials.

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