nvidia.jpg

Nvidia Shares Fall on Muted Data Center Outlook After Solid Q3

Nvidia Corp.  (NVDA) – Get Report shares slipped lower Thursday after the chipmaker said capacity issues, as well as waning demand, would trim near-term revenue growth in two of its key business sectors. 

Nvidia posted overall third-quarter revenues of $4.73 billion, a 57% increase from the same period last year and firmly ahead of the Street consensus forecast of $4.4 billion. Earnings for the three months ending in September were pegged at $2.91 per share, Nvidia said, up 63% from last year and 34 cents ahead of Street forecasts.




Source link

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Leave a Reply