Reported about 7 hours ago
Nvidia exceeded earnings expectations with quarterly revenue rising 12% sequentially and 78% year-over-year, driven by strong demand for its new Blackwell chips. However, analysts express concerns over anticipated gross margins of 71% for the upcoming quarter, citing increased pricing pressure and competition, particularly from AMD. While some analysts remain optimistic about Nvidia's growth potential in the AI sector, uncertainties regarding demand and market conditions might pose challenges in the near term.
Source: YAHOO