Nvidia Smashes Sales Records but Shares Plunge: What Went Wrong? | Most Viral Today
[gpt3] Expand Nvidia just reported a staggering $30 billion in revenue, far surpassing analyst expectations of $28.7 billion with a 122% year-over-year growth. So, why did Nvidia’s stock drop by 6% in after-hours trading? Despite CEO Jensen Huang’s bold declaration that ‘Generative AI will revolutionize every industry,’ Wall Street was left wanting more. Experts point to potential slowing growth and delays in Nvidia’s next-gen Blackwell chip as the key concerns. With competitors like Intel on the horizon, the question remains: Can Nvidia maintain its lead in the AI race, or is this the beginning of a slowdown? Tune in to find out what’s next for the AI chip giant.
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