Reported about 7 hours ago
Nvidia's stock fell by 2% despite the company reporting Q4 earnings that exceeded Wall Street expectations, with revenue of $39.3 billion and earnings per share at $0.89. Investors reacted cautiously as the company projected lower gross margins for Q1, impacting sentiment amid rising competition. Despite strong demand for their Blackwell AI GPUs, concerns over pricing pressures were noted by analysts, leading to a yawning response from investors.
Source: YAHOO