While Nvidia posted another quarter of impressive growth, some investors were clearly anticipating more. — Reuters
NEW YORK: Nvidia Corp investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence (AI) boom.
Revenue in the current period will be about US$20bil, the world’s most valuable chipmaker said in a statement. Though that topped the average Wall Street prediction of US$17.9bil, some projections reached as high as US$21bil.
