Reported about 17 hours ago
Nvidia significantly surpassed third quarter earnings estimates with a remarkable 94% year-over-year revenue increase; however, its stock price fell due to concerns over fourth quarter projections. Analyst Patrick Moorhead highlights that while the results were positive, investors are seeking more growth, particularly regarding Nvidia's Blackwell chips, which are now in full production and anticipated to be in high demand from major companies like Meta and Amazon.
Source: YAHOO