Nvidia Faces Growth Concerns as Earnings Show Slowdown

Reported about 1 month ago

Nvidia's recent earnings report revealed a significant year-over-year revenue growth of 122%, yet this is the slowest growth rate observed recently, raising concerns among investors. While the demand for Nvidia's new Blackwell chip remains high, analysts warn that major tech customers may soon cut spending, impacting future revenue growth. This mixed outlook has prompted some analysts to maintain a Neutral rating on the stock, noting that even with impressive growth figures, expectations may have been set too high.

Source: YAHOO

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