Reported about 7 hours ago
Nvidia's revenue forecast remains strong at $54 billion for the third quarter, but concerns over its China business, due to geopolitical tensions, have left investors uncertain. Despite a modest outlook that slightly surpasses analyst estimates, Nvidia's shares dipped on worries about potential sales losses in the Chinese market. The company is banking on the demand for its advanced AI chips while navigating challenges in international relations, especially regarding its H20 chip sales to China.
Source: YAHOO