Nvidia Stock Plummets 8% Amid Lower Gross Margin Outlook

Reported about 20 hours ago

Nvidia's stock fell 8.5% after reporting Q4 earnings that surpassed expectations, but the company's guidance for a lower first-quarter gross margin of 71%, below Wall Street estimates, raised concerns. Analysts noted strong demand for Nvidia's Blackwell AI GPUs, which contributed significantly to revenue, yet warned of competitive pressures and potential pricing issues. This drop in stock price resulted in Nvidia's market capitalization falling below $3 trillion, trailing behind Apple and Microsoft.

Source: YAHOO

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