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Nvidia Reports Record Q3 Earnings but Stock Dips on Slowing Growth Expectations
- Nvidia projected a revenue rise of 70 percent to $37.5 billion in the current quarter, driven by its new A.I. chip called Blackwell.
- Nvidia's shares fell 3 percent after the company reported its slowest revenue growth forecast in seven quarters due to supply constraints.
- The company's data center sales increased by 112 percent to $30.8 billion, with major contributions from GPU sales.
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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
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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
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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
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Total News Sources145
Leaning Left26Leaning Right12Center26Last UpdatedBias Distribution41% Left, 41% Center
Bias Distribution
- 41% of the sources lean Left, 41% of the sources are Center
41% Center
L 41%
C 41%
R 19%
Factuality
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