Nvidia Sales Expected to Double, But Investors Remain Skeptical

Reported about 2 months ago

Nvidia is anticipated to report a more than doubled second-quarter revenue, likely reaching $28.68 billion, yet investor expectations continue to press higher amidst a notable 150% stock surge this year. Concerns about production delays, especially concerning the next-generation Blackwell AI chips and potential profit margin pressures, loom over the company's outsized expectations. Additionally, regulatory scrutiny is heightening around Nvidia's market practices, complicating an already tense outlook as it seeks to maintain momentum in the competitive AI sector.

Source: YAHOO

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