Reported 2 days ago
Nvidia recently reported stronger-than-expected earnings for the first quarter, despite facing regulatory pressures and a significant decline in its Chinese market influence due to U.S. export controls. The company's revenue reached $44.1 billion, outpacing estimates, but earnings per share fell short due to the impact of these restrictions. Analysts highlight a continuous 'cat-and-mouse game' between Nvidia and U.S. regulators, as the company seeks to develop alternative chips for China while navigating tight export policies.
Source: YAHOO