Nvidia Crushes Earnings on Soaring AI Chip Demand. The Stock Is Still Slipping.

Technology

Earnings Report

By Tae Kim

Updated Nov 21, 2023, 5:05 pm EST / Original Nov 21, 2023, 12:30 am EST

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Nvidia’s revenue was up 206% in its latest quarter, beating Wall Street’s expectations. The chip maker also provided a revenue forecast for the January quarter handily above estimates.

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