Asian chip stocks slump as Nvidia's slowing revenue growth worries investors

Asian chip stocks slump as Nvidia’s slowing revenue growth worries investors

Nvidia’s headquarters in Santa Clara, California. Justin Sullivan | Getty Images Asian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some investors. While Nvidia’s third-quarter results exceeded analysts’ expectations and delivered a strong forecast for the current quarter, its shares still shed 2.5% in…

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Nvidia’s Blackwell Chips Lead AI Market Growth

Nvidia’s Blackwell Chips Lead AI Market Growth

Nvidia’s third-quarter performance exceeded Wall Street expectations, with the company reporting significant revenue growth fueled by robust demand for its artificial intelligence chips. The technology giant delivered $35.08 billion in revenue, surpassing analysts’ projections of $33.16 billion, while adjusted earnings per share came in at 81 cents, beating the forecast of 75 cents. Nvidia‘s impressive…

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Nvidia's earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. That’s not a concern to us, though, because Nvidia’s underlying fundamentals and long-term outlook appear to be as healthy as ever. Revenue surged 94% year over year to…

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Nvidia Q3 Results: The stock, which has already surged 195 per cent this year, reflects Nvidia's pivotal role in the AI boom.

Nvidia Q3 Result: Stock declines even as revenue nearly doubles; guidance fails to meet expectations

Nvidia Q3 Results: Nvidia delivered blockbuster third-quarter results on Wednesday, with revenue nearly doubling amid unrelenting demand for its artificial intelligence chips. However, the company’s stock fell as much as 3% in limited after-hours trading, reflecting investor hesitation despite an improved outlook. The company posted revenue of $35.08 billion for the quarter ending October 27,…

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