US EditionPublished • loading... • Updated
Nvidia Reports Record Q3 Earnings but Stock Dips on Slowing Growth Expectations
- Nvidia reported third-quarter revenue of $35.08 billion, rising 94% from $18.12 billion a year ago.
- Investors reacted to the report with a 1% decrease in after-hours trading of Nvidia's stock.
- Dan Ives stated that "the AI Revolution is still in the early innings of playing out," suggesting ongoing demand for Nvidia's products.
Insights by Ground AI
145 Articles
145 Articles
Nvidia’s AI Chip Demand Still Booming but Slowing Sales Growth Worries Investors
SAN FRANCISCO (Reuters) - Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world’s most valuable firm.
·Japan
Read Full Article
The Korea Times+5 Reposted by 5 other sources
Nvidia crushes earnings expectations on AI chip demand
U.S. chip making behemoth Nvidia said Wednesday it made a $19 billion profit on record high revenue last quarter as demand continued for its hardware to power artificial intelligence.
·Korea, Republic of
Read Full Article
Nvidia's AI chip demand still booming but slowing sales growth worries investors
SAN FRANCISCO: Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, failing to meet lofty expectations of some investors who have made it the world’s most valuable firm. © New Straits Times Press (M) Bhd
·Malaysia
Read Full ArticleCoverage Details
Total News Sources145
Leaning Left30Leaning Right13Center25Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 37%
R 19%
Factuality
To view factuality data please Upgrade to Premium
